Bitcoin traders are lying in wait for a BTC 'impulse' to break the trading range.
The pair continued sideways behavior into the weekend after the Wall Street trading week offered few surprises.
Despite calls for $25,000 and $30,000 to enter as near-term targets, increasing order book liquidity either side of spot price appeared to offer the market increasingly little room for maneuver.the phenomenon on the Binance order book. “If you think ANY price target for BTC, ETH, DOGE or any other altcoin is imminent, you are mistaken,” it wrote, adopting a cautionary tone in accompanying comments.
“The ONLY guarantee in crypto is that these are among the riskiest of risk assets and NOTHING IS GUARANTEED.”, who at the time called for a sky-high $1 million per Bitcoin within the next three months.that such liquidity moves are apt to “dampen” price volatility.“Very calm weekend coming up on Bitcoin,” Michaël van de Poppe, founder and CEO of trading firm Eight, meanwhile“Price action remained flat and the longer we stay in this range, the heavier the impulse will be.
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