Bitcoin Experiences Unusual Trading Volume Spike as BTC Continues Trading Sideways
It now appears that Bitcoin (BTC) is once again caught in an incredibly tight trading range in the low-$3,600 range. Bitcoin has seen extended periods of sideways trading on multiple occasions, and they are historically proceeded by large price swings in either direction. Despite this bout of involatile trading, BTC saw a massive trading volume spike earlier today, but it did not result in any price changes.
Analysts now seem to agree that Bitcoin is posed to make another upwards price swing in
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