Bitcoin Range Traps Traders At $65K — Are Long‑Term Holders Finally Surrendering?

Bitcoin’s price is still in range rather than in a full risk‑off spill after a post‑expiry sell‑off, a string of red monthly closes, and geopolitical tensions. Bitcoin Remains Rangebound March 30th QCP Market Colour reports that Bitcoin briefly slipped to around $65k during thin Asian trading (low‑liquidity window where smaller orders can push price around disproportionately). It then snapped back into its usual weekend band between $66k and $67k. Throughout the month, this has been a recurring pattern: price softens into the weekend as traders cut risk, then grinds higher again as the new week begins. Bitcoin will likely stay stuck in its current range as Trump’s 10‑day halt on strikes against Iranian energy assets runs toward its April 6 expiry, a point at which traders are bracing for a possible flare‑up. Related Reading: Google Says End For Bitcoin Is Near? Quantum Computers Could Attack Crypto This Soon In options, post‑expiry volatility compression is “muted”; traders are still p