Article6 months ago

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

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.

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