A Massive Bitcoin Price Move Is Likely Imminent… Again: Here’s Why
Bitcoin has consolidated between $11,000-12,000 over recent weeks. While the consolidation has only lasted for just over two weeks, prices are tightening again. By indicators like the width of the Bollinger Bands, volatility is reaching notable lows yet again. This signals to analysts that a massive Bitcoin price move is likely imminent. Fortunately for bulls, there are many analysts expecting upside due to both technical and fundamental trends. How high Bitcoin rallies in this potential breakout, though, is not yet clear. Bitcoin Could Soon See a Massive Move: Volatility Indicators