A Storm is Brewing: Bitcoin to See Massive Volatility Due to These Factors

Es0VYIIXUAA JbN 980x501

Bitcoin has seen some mixed price action as of late that has made it incredibly confusing as to where it will trend in the mid-term The crypto is seeing some signs of strength today, with its price rebounding off of its recent lows as bulls look to target its $33,000 resistance The bear case for BTC has grown stronger throughout the past few days, but it remains unclear as to whether or not this low sentiment amongst investors is actually indicative of further downside One trader is now noting that it is only a matter of time before BTC makes a massive movement This means that where it trends in the short-term will be incredibly influential in terms of its mid and long-term outlooks Bitcoin and the entire crypto market have seen some tempered momentum this morning, which has come about following a long bout of trading within the lower-$30,000…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE