Anticipate significant market movements in the upcoming week due to the initiation of BTC price volatility.
We have been patiently waiting for the bullish trend and we all know bitcoin will still hit its peak, in a matter of weeks I believe we would cross above $30k. Bitcoin was once below $20k and still went back up so there is nothing to worry about and we are still anticipating a positive movement in weeks to come.
BTC prices have been range-bound with notably subdued volatility for the past seven months. The current compressed state of the price requires a stable foundation for a potential upward surge to $30,000. The introduction of a Bitcoin spot ETF might be the catalyst propelling prices toward this threshold.
Bitcoin has not really shown much movement lately and for the past few weeks after dropping below $30k it has been moving within a certain range around $29k and hasn’t make it to $30k as we all are anticipating. I also think with the introduction of bitcoin spot ETF we could witness a shocking positive movement in bitcoin price that could see us cross the $30k mark and possibly even higher.