Analysis: Bitcoin’s 60-day range is now narrower than its current trading range
Glassnode indicates that a key indicator related to the BTC 60-day price range is sending a green light signal to volatility bulls. This means that price fluctuations may become more widespread, and recent fund flows have leaned towards bullish sentiment.
Glassnode's analysis shows that Bitcoin's 60-day volatility range is now narrower than the current trading range. Historically, this pattern has signaled a volatility outbreak.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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