BTCUSD ❕ sharp decline in volatility
Bitcoin is above liquidity.
Funding rates on BTC are near zero.
Volatility has declined.
Trading volumes are down on correction.
The price has broken up the 200MA on the 4H Timeframe.
The asset held the upward RSI trend line on the 4H Timeframe.
Buyers kept price from a drawdown with little volume and even held an important support level.
I expect Bitcoin may continue to rise should it fix above the upper boundary of the range.
Funding rates on BTC are near zero.
Volatility has declined.
Trading volumes are down on correction.
The price has broken up the 200MA on the 4H Timeframe.
The asset held the upward RSI trend line on the 4H Timeframe.
Buyers kept price from a drawdown with little volume and even held an important support level.
I expect Bitcoin may continue to rise should it fix above the upper boundary of the range.
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