Analyst: Bitcoin (BTC) Support Level at $3,550 Weakening After Volatile Weekend5.4

Bitcoin (BTC) is currently coming off of an incredibly volatile weekend where it surged to highs of $3,750 on Saturday before retracing to lows of $3,550 on Sunday. Although nothing fundamental drove this volatility, it is now becoming increasingly common to see volatility over the weekends, which is primarily due to the decline in trading volume.

This recent volatility has further confirmed Bitcoin’s current trading range, which analysts believe is gradually becoming weaker.

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