Bitcoin’s Next Breakout Likely to Set the Mood Moving Forward

Bitcoin’s price action has been extremely slow over recent weeks. The leading cryptocurrency has traded in between $10,000 and $11,000 for approximately five weeks now, barely deviating. This has resulted in Bitcoin volatility indicators such as the Bollinger Bands width to drop dramatically, to levels not seen since June/July. In June and July, the crypto was also stuck in a $1,000 range, continually ranging. Due to the compression in these markets, analysts have been on […]
Bitcoinist.com

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Author: toutiao