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Bitcoin (BTC) is facing an unusually volatile week ahead, according to market analysts, after spending the weekend in a tight consolidation around the CME close. The low-volatility coiling has allowed liquidity to build on both sides of the order book, setting the stage for a significant price move.
Prominent analyst Daan Crypto Trades noted that Bitcoin has “plenty of fuel for a relief rally” which could arrive as soon as next week. He advised his followers on X to maintain caution and prepare for a sharp increase in volatility.
Read The Full Article Bitcoin (BTC) Price Tests 50-Week EMA, Threatening a Macro Breakdown On Coin Edition.