Bitcoin May Soon Explode as 10-Day Volatility Craters to Yearly Low

Bitcoin is trading inside a tight range with its 10-day realized volatility dropping to a year-to-date low of 30 percent. Several analysts point to a lackluster sentiment in the market as Bitcoin repeatedly fails to continue its uptrend beyond $10,000. A period of low volatility mostly ends up in a price breakout in either direction. Macro fundamentals align in favor of bulls. Bitcoin has been trading sideways in a tight price range since the beginning […]

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