Article • about 1 year ago

Bitcoin Analyst Predicts "Air Pocket" Could Propel BTC Price Higher Than Expected

Summary

Bitcoin has been trading within a tight range of $25,000 to $31,000 for over six months.
The prolonged period of compressed volatility suggests a potential explosive move to the upside.
A break above $31,000 could lead to an "air pocket" and push the price of Bitcoin towards $39,000.