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Cryptoverse: Listless bitcoin seeks summer spark
linkweb3
2023-06-06
3944
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Summary：The capricious cryptocurrency's been uncommonly quiet over the past four weeks, bound in the range of $28,452 and $25,800. Bitcoin's volatility index is near 64, well below the 2023 peak of 116.5 touched in January, according to CryptoCompare. "Looking at bitcoin's chart, traders are waiting for a definitive break away from the $27,000 level that has magnetically pulled prices back consistently," he said.
The capricious cryptocurrency's been uncommonly quiet over the past four weeks, bound in the range of $28,452 and $25,800. Bitcoin's volatility index is near 64, well below the 2023 peak of 116.5 touched in January, according to CryptoCompare. "Looking at bitcoin's chart, traders are waiting for a definitive break away from the $27,000 level that has magnetically pulled prices back consistently," he said.
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