Bitcoin's price is experiencing stagnation within the range of $82,400-$85,300, primarily due to unpredictable U.S. economic policies, liquidity contraction, and macroeconomic tensions. Key factors contributing to this flat price action include conflicting bullish and bearish signals, creating uncertainty among traders. On the bullish side, the Federal Reserve signaled a slower pace of balance sheet runoff and pro-crypto policies are being considered. However, bearish signs include adjustments in inflation forecasts and economic growth expectations, indicating rising stagflation risks. Liquidity in the Bitcoin market is also waning, with significant drops in capital inflows and short-term trading activities. The price remains trapped within an ascending triangle pattern, suggesting indecision among traders. A breakout above the upper trendline could target $91,965, while a breakdown below the lower trendline could push Bitcoin to around $77,635. Until a definitive trend emerges, Bitcoin is likely to remain in limbo.

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