Bitcoin volatility takes a break as $31K BTC price yearly highs loom

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A slowdown in Bitcoin's bullish impulse is already making traders nervous.

Related:“I’m a bit uncertain right here, founder Ben Lilly concluded after investigating various data sets.

“I’m starting to write off $24k before options expiry, and instead lean towards a push higher into $32k range.”on June 23, worth over $700 million. Thanks to strong accumulation, it would be a mistake to bet on the rally fizzling too soon.“My gut was saying yea, fade it bc the halving is too far off. But a few data points are saying the opposite. Perhaps a fade will present itself in July. For now, let’s track the data to see if the trend continues.

 

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