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CoinTurk News 2023-08-01 11:50:26

Forget Everything You Know! This Scenario Likely Awaits Bitcoin with a 90% Probability!

The world’s largest cryptocurrency, Bitcoin (BTC), showed little movement last week and its volatility reached a new low. On-chain data indicates that Bitcoin’s volatility is at its lowest level since July 2022, and past data suggests that this decrease in volatility may be a precursor to a major rally. 8 out of 9 Decreases in Volatility Were Followed by a Big Rally Looking at the price trend that emerges during periods of low volatility in the past, it is evident that a strong rally follows each decrease in Bitcoin’s volatility. The post Forget Everything You Know! This Scenario Likely Awaits Bitcoin with a 90% Probability! appeared first on COINTURK NEWS.

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