I've been watching the BTC price since 2011, and I have never seen BTC in such a narrow range for such a long time. For close to 1 month now, it has been in the exact range of [$29,000, $31,000]. Which is almost exactly half the all-time high.
Has it ever traded in such a narrow range for so long since 2011? This behavior seems algorithmic. Right at $30k. Not too far below, not too far above.
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