A Week of Bitcoin Volatility Expected as BTC Consolidation Prolongs5

With a neutrally closing weekly candle traders and analysts are expecting this week to be a little livelier for Bitcoin. The weekend saw a little action but gains could not be maintained as BTC and altcoins fell back into their channels.

Late Saturday/early Sunday saw BTC rise back to tap $11,000 but it only remained there for a couple of hours before sliding back to an intraday low of just below $10,400. Daily volume has tailed off quite a bit over the weekend, however, and is now down to $16 billion as markets remain range bound.

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