Bitcoin Volatility Dives as BTC Price Remains Stable Around 3,900, But Further Losses May be Imminent2.8

Bitcoin’s price has continued to trade sideways around $3,900 as its volatility continues to decrease. Although this stability may be welcomed by some investors who have been tormented by the seemingly constant bouts of volatility in the crypto markets, the current decrease in volatility is likely temporary.

Analysts now expect Bitcoin to continue ranging sideways in the near-term, with a potential drop towards the mid-$2,000 region being a possibility in the future assuming that the cryptocurrency is unable to decisively break above the lower-$4,000 region.

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