Bitcoin may see major price volatility at the start of December — Here’s why

The price of Bitcoin (BTC) faces two crucial events on Dec. 1 right after the weekly and monthly candles close. The upcoming weekly candle close is particularly noteworthy because it could mark the first red weekly candle since late September.

The monthly candle will be significant since it would mark the highest close in Bitcoin’s history if the price remains over $13,791.

Bitcoin realized volatility. Source: Cointelegraph Markets, Digital Assets Data

There are three key factors that could…


Source link

About bitcoin

Check Also

Bitcoin price nears $63k all-time high: Here’s why

SOPA Images/Getty Bitcoin is at it once again. The original Source link

Leave a Reply

Your email address will not be published. Required fields are marked *