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Bitcoin braces for high volatility as prominent analysts eye two crucial price levels - Vimarsana News

Bitcoin braces for high volatility as prominent analysts eye two crucial price levels

12/14/2020 11:38:27 AM GMT Bitcoin is poised for a massive spike in volatility. A rebound from $18,500 will open up the way to a new all-time high. Bitcoin hit a new all-time high on December 1 but then drifted to $17,580 amid profit-taking and a technical correction from the overbought territory by December 11. Market experts warned that BTC might have been poised for a deeper sell-off before the growth resumed; however, despite the numerous bearish signals, the collapse has not materialized so far. At the time of writing, BTC is changing hands at $19,140. The coin recovered above $19,000 ...