Big movement expected in Bitcoin in the coming days
According to the trader known on the networks as CredibleCrypto, the bitcoin market will push volatility upwards. “A big movement is coming,” he warns according to BBW analysis. “My bet is upwards and the beginning of our next impulsive stage that we have been anticipating,” he expressed.
Traders expect high volatility soon for the bitcoin price as the BBW levels have dropped from 0.80 to 0.11. As can be seen in the TradingView chart below, historically this contraction usually anticipates a period of strong price movements.
