
K33: Bitcoin stuck in 28-day range as volatility nears August lows
- —Bitcoin has held its September 21 range for 28 straight days
- —Volatility is nearing mid-August lows, K33 Research says
- —Spot and derivatives trading volumes have declined significantly
- —Trader activity stays subdued amid cautious sentiment
Why it matters: Prolonged volatility compression has historically preceded sharp price moves, keeping traders focused on any shift in sentiment.
Source: Coinfomania