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Will Bitcoin’s Silent Volatility End Soon with Looming Breakout Deadlines? 🤔
#bitcoin remains remarkably calm after the weekly close, defying expectations for price volatility.
The cryptocurrency hovers within a tight trading range below $30,000, frustrating both bulls and bears as they struggle to influence a new price trend. With minimal macroeconomic triggers, attention turns to whale accumulation and historic patterns suggesting an imminent #breakout .
The #Bollinger Bands metric highlights the current subdued volatility, akin to periods in 2016 and 2023. Despite a brief uptick in volatility at the weekly close, Bitcoin quickly reverted to its position around $29,000.
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Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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