12-07-2023 20:00 via newsbtc.com

Bitcoin Stuck In Tight Range: Will BTC Decompress With A Big Move?

Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past.
Bitcoin 14-Day Range Has Been Extremely Narrow Recently
According to data from the analytics firm Glassnode, the 14-day range has only been narrower than now during less than 2% of the cryptocurrency’s entire trading life. The “14-day range” here refers to the percentage difference between the top and bottom recorded in the Bitcoin price d
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