Analysis: Bitcoin is unable to rise significantly due to a lack of new catalysts

ChainCatcher news, according to Jin10 data reports, Trade Nation analyst David Morrison stated in a report that the cryptocurrency industry seems to be looking for a new catalyst to drive prices significantly higher. "As traders continue to assess the broader risk backdrop, the market tone remains cautiously optimistic." Bitcoin prices have recently rebounded from April's lows and are currently hovering in the range of $101,000 to $105,000.