Bitcoin's Price Surge Continues Amid ETF Filings and Volatility.
TL;DR Summary
Bitcoin's price surge may be followed by a dip of around $2,000, with traders looking to "buy the dip" and enter long positions. Analysts suggest $28,000 as a good spot for longing, while others have more modest targets of $32,000. On-chain analytics firm Glassnode argues that Bitcoin's recent volatility is no exception to the norm, with historically tight trading ranges preceding large, volatile moves in either direction.
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