Bitcoin's market volatility has reached near-record lows, suggesting a significant price movement may be imminent. Analyst Michaël van de Poppe notes that such contractions in volatility often precede major price shifts, either as a breakout or a breakdown. Currently, Bitcoin is trading at approximately $67,318, down 0.64%.
Van de Poppe advises a strategic approach, planning to buy aggressively if Bitcoin's price dips further, viewing it as an opportunity. Conversely, if Bitcoin tests the $80,000–$85,000 range, he intends to take partial profits. Traders are closely monitoring the situation, as historical patterns indicate that low volatility often leads to substantial price actions.
Bitcoin Volatility Hits Lows, Analysts Anticipate Major Price Shift
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