$BTC Is at its lowest weekly volatility in 2 years. This was right after the Yen Carry trade blowup when price was chopping around the $50K region. With how compressed price is here on the weekly timeframe, and the Weekly 200MA/EMA and Bull Market Support band closing in on each other, I think we will see a decisive move (10% +/- week) pretty soon. That break will probably also lead the direction for the rest of the Summer/Quarter.
Daan Crypto TradesShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.