Bitcoin compression continues. The 30D High and Low range has narrowed from 13% to 6%. Price has been in the compression zone for the 9th consecutive day, between $80K and $86K. Yesterday price bounced off the SMA 365 and closed at $80.5K. This is a new 30D low. Volatility compression usually ends with an impulse. Key levels: $86K above, SMA 365 below.
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