Bitcoin’s ‘Boring’ Phase Might End With a Big Bang—Here’s Why
Description
TL;DR Bitcoin trades sideways between $116.8K and $119.5K, with liquidity swept on both ends. Michaël van de Poppe expects a stronger move the longer BTC remains rangebound. CryptoQuant data shows Bitcoin is in a neutral phase with no trend dominance yet. On-chain signals mirror 2020 patterns, hinting at a possible bull cycle end soon. Price Holds in Narrow Band Bitcoin (BTC) was priced at $118,300 at press time, down 0.2% over the week. For several weeks now, the asset has been moving in a tigh...
$BTC
$118513.1
+0.16%
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