Why are Bitcoin (BTC) Prices Stuck Up at Around $30,000? Is the CME Gap Above $34,400 Obstructing the Rally?

Bitcoin price is hovering within a closed range for the past month with the resistance at around $32,500 and support levels at $28,800. With no signs of a strong recovery or a breakout any time in the near future, BTC prices are expected to continue consolidating within a narrow range. But what is compelling the …