crypto strategy

Falling Bitcoin Volatility Has Traders Agitated, What Could Their Next Strategy Be?

The bitcoin price has been hovering in the same invariant positions for almost a week and hence manifests the possibilities of revisiting the lower support soon. In the meantime, the address containing 1+ BTC reached an ATH and the total transaction volume on the Bitcoin network reached $100 trillion.

As network activity increases, why is the price of BTC stuck in a limited range?

Interestingly, volume has increased significantly since the beginning of August while prices have remained low. Therefore, the asset could have faced an equal buying and selling action, which puzzled the investors. Now, when the consolidation heads north, it is mandatory for the price of BTC to hold above $21,000.

One of the popular analysts, michael van de poppe