(Bloomberg) -- After reaching a fresh high for the year earlier this month, Bitcoin has market observers questioning whether the momentum is sustainable with prices again trading in a very narrow range. Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosApple Tests ‘Apple GPT,’ Develops G