$BTC has been stuck in the same range for weeks. Here's why and nobody's really talking about it honestly. The 200-day moving average sits at $82,228. BTC hasn't closed above that level since October 2025. Every time price approaches it, sellers show up. That's not resistance — that's a wall. Below, the real floor is $73.7K. So we're just grinding between two levels with no real conviction either direction. The reason it won't move is simple. Every catalyst that should have pumped BTC has been cancelled out by macro. CLARITY Act passes — inflation data comes in hot. Institutional interest grows — ETF outflows hit $1B in a week. Sentiment improves — Iran tensions escalate and oil spikes above $107. One step forward. Macro slaps it back. Even Saylor is quietly becoming a risk factor. His average cost across 818,334 BTC is $75,537. We're barely $2K above that right now. If he pauses buying — even for one week — the market loses its single biggest consistent buyer. RSI sitting at 46. No momentum. Market is just waiting. The range breaks when something changes — either macro clears up or a real catalyst lands. Until then, this is the game. Chop, liquidate the impatient, repeat. $73.7K is the number to watch. Below that, the conversation changes fast.