Analysts Say Bitcoin's 'Boring' Market Could Signal a Coming Bull Run
- —Bitcoin trades near $81,735, with monthly moves capped at 6%
- —Top-five coins moved under 2% in a week; Fear and Greed Index at 47
- —BlackRock's Bitcoin ETF took in $665.2 million on Monday
- —Key catalysts: Fed decision Oct 28, $11.69B options expiry Oct 30
Why it matters: Low volatility and unusually cheap options offer entry points ahead of the Fed's Oct 28 decision, which will set the market's direction.
Source: Decrypt