Bitcoin Price Volatility Predicted Amidst Market Shifts

Edited by: Elena Weismann

Analysts predict imminent Bitcoin price volatility, despite holding steady in the mid-$80,000 range. According to a CryptoQuant Quicktake post, approximately 170,000 BTC recently moved from the 3-6 month holder cohort. Historically, such large movements have preceded notable price swings. Master of Crypto noted short-term holders (STH) have a realized price of around $92,700, while long-term holders (LTH) are at $26,500, with gains of over 200%. Analyst Ali Martinez noted over 15,000 BTC were withdrawn from exchanges last week, suggesting a bullish trend. Titan of Crypto suggests consolidation around $83,000 could lead to a rally toward $135,000. Currently, Bitcoin trades at $84,553, up 0.5% in the past 24 hours.

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