Bitcoin Rangebound Ahead of Option Expiry; Expect Higher Volatility

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The uptrend in large bitcoin transaction volumes started around October 2020 when the BTC price was between $10,000 and $11,000, according to Glassnode. Still, the uptrend in transfer volumes has slowed over the past few months as BTC established a higher price range between $28,000 and $69,000.



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