Cryptocurrency Markets Stir as Bitcoin Dips and Volatility Looms

Key Points

1. Bitcoin's price dropped below $117,000, setting a new daily low, while Ethereum remained stable at $3,700.

2. Analyst DaanCrypto highlights strong supply above $118,000 and notes BTC's price remains within its range with clear short-term liquidity points.

3. CryptoBullet indicates significant volatility is imminent, with Bollinger Bands tightening since August 2023, suggesting potential sharp price movements.

4. Dogecoin, priced at $0.21, is noted for its volatility, with analyst Martinez suggesting a possible upward momentum towards $0.265.

5. The article mentions that traders should be cautious of volatility and conduct their own research.