Market heading into weird territory, where Bitcoin's volatility is not there
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Volume analysis shows that there isn't much bullish momentum, which makes the current pattern even more alarming. The RSI is also close to 45, indicating neutral conditions with potential for declines if sellers take control. The absence of notable price movement contrasts sharply with the more dynamic performance of other crypto market assets. Bitcoin has not been able to draw in traders or bolster confidence in a possible breakout because of this muted activity. The price ofFor there to be any possibility of an upward trend, this level must be broken. The $87,700 support level, which corresponds to the 100 EMA, is still a safeguard against further declines.
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