SHIB, UNI, OKB and HBAR flash bullish indicators as Bitcoin volatility hits file low

(BTC) continued its boring value motion over the weekend, indicating that the bulls and the bears will not be waging massive bets as they’re unsure concerning the subsequent directional transfer. Nonetheless, merchants ought to proceed to maintain a detailed watch as a result of a interval of consolidation is often adopted by a rise in volatility.

Though it’s tough to foretell the course of the breakout with certainty, some analysts level to the Bitcoin whales growing their publicity as a optimistic signal. On-chain analyst Cole Garner believes the bull transfer may start in September when the summer season seasonality kicks in and the shakeout occurs.

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