In the ever-evolving crypto space, every week brings with it a new set of challenges, opportunities, and developments. As we head into a new week, there are several stories that are likely to capture the attention of crypto enthusiasts and investors alike. From Bitcoin’s potential volatility shift to the much-anticipated unveiling of Shibarium, here’s a deep dive into the top stories that are set to shape the crypto landscape in the days ahead.
Bitcoin: A Volatility Regime Change On The Horizon?
The Bitcoin market has been relatively dormant recently, with its price lingering below the $30,000 mark. This stagnation has led to the tightest ever Bitcoin Bollinger Bands. Glassnode’s chief analyst, Checkmatey, took to Twitter to share his observations:
The spread between the Upper and Lower Bollinger Bands for #Bitcoin is just 2.9% and is as tight as it has ever been. Only two instances have ever seen a smaller trading range /…