Crypto Volatility Shifts: Bitcoin and Ethereum Show Signs of Future Bull Runs.

1 min read
Source: CoinDesk
Crypto Volatility Shifts: Bitcoin and Ethereum Show Signs of Future Bull Runs.
Photo: CoinDesk
TL;DR Summary

Bitcoin's trading range has narrowed to one of the tightest in the past three years, indicating that neither bullish nor bearish perspectives dominate the price action. This suggests high volatility is likely on the horizon, as seen in previous instances of narrow trading ranges preceding large market moves. Bitcoin is currently trading near $26,830, with lingering concerns about the stability of U.S. regional banks and the country's debt ceiling affecting the crypto market.

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