RATE Group | Bitcoin’s Next Move Expected To Be Aggressive As Volatility Wanes
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Bitcoin’s Next Move Expected To Be Aggressive As Volatility Wanes

02 Jan Bitcoin’s Next Move Expected To Be Aggressive As Volatility Wanes

Posted at 18:18h in Bitcoin News by

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As Bitcoin’s downtrend begins to run out of steam and selling momentum, the first-ever crypto asset has been trading within an increasingly tightening trading range, between lows or $6,400 to highs of $7,600.

But as volatility disappears from the cryptocurrency market, the next move, while not necessarily near, will be an extremely aggressive one according to one outspoken crypto analyst and trader.

Volatility Disappears From Crypto Market As Traders Await Direction Decision

Bitcoin price is ready for a fresh start in 2020. After exploding into the public eye in 2017, then suffering an extended bear market throughout 2018, 2019 offered crypto investors a glimmer of hope, that ultimately turned back into fear, uncertainty, and doubt.

Related Reading | Are Crypto Traders Becoming Less Confident The Bottom Is In? 

The leading cryptocurrency by market cap bottomed out around $3,100, then went on a powerful, parabolic rally and in the matter of just three short months had grown all the…

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