Most sell risk since 3AC collapse: 5 things to know in Bitcoin this week

Bitcoin 

 is dodging tariffs and mass exchange selling as a wild February ride continues this week.

• Rangebound BTC price action is tipped to flip in an instant on “very thin” liquidity as a stubborn broader trading range endures.

• CPI week is here again, while Fed Chair Jerome Powell is due to testify twice before US lawmakers.

• Tariff talk is back, this time involving a whole raft of US trading partners — and so far, only gold is benefiting as a result.

• Whales are still in full distribution mode and have been since late last year. Do they know something that the market does not?

• Not everyone is hawkish on the outlook. A new raft of crypto price predictions sees Bitcoin embarking on a trip to $700,000 starting this quarter.

• “Very thin” order books set stage for BTC price move

  BTC price volatility has yet to surprise traders up or down as a weekend of steady downside gives way to modest gains to start the week.

  Data from Cointelegraph Markets Pro and TradingView shows BTC/USD lingering around the center of a well-defined trading range.

• The buzz around expected fresh tariffs from the US government failed to spark a repeat of the intense volatility seen this time last week, with traders still waiting for the next market catalyst.

  “Slow moves in the past 4 days which was normal in order to fill most wicks,” popular trader CrypNuevo summarized in a thread on X on Feb. 9.