RATE Group | Bitcoin price stability is ‘calm before the storm’, cryptocurrency analysts predict
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Bitcoin price stability is ‘calm before the storm’, cryptocurrency analysts predict

13 Nov Bitcoin price stability is ‘calm before the storm’, cryptocurrency analysts predict

Posted at 00:48h in Cryptocurrency News by

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Bitcoin’s most sustained period of price stability in its history is about to come to an abrupt end, cryptocurrency experts have warned.

Since early September, bitcoin has not experienced any major market movements, trading between $6,000 (£4,670) and $7,000.

This unusually narrow range comes after months of steady losses, falling from a high close to $20,000 in late 2017 – market analysts predict it could be the “calm before the storm”.

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