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Bitcoin continues ranging as crowded longs meet soft inflation, the quietest tape since 2019: analysts

Bitcoin continues ranging as crowded longs meet soft inflation, the quietest tape since 2019: analysts

The BlockThe Block2026/08/13 14:18
By:The Block

Quick Take

  • Bitcoin drifted below $64,000 on Thursday and couldn’t build on two straight days of benign inflation data.
  • Glassnode read the muted response as confirmation that demand has gone missing, while one analysts argued against the cautious consensus.
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