Bitcoin’s Volume is at the “End of the Line” Signaling Volatility is Imminent

Bitcoin and the aggregated cryptocurrency market have been caught within an extended bout of sideways trading throughout the past several days and weeks, struggling to garner any clear momentum. On a few brief occasions, the crypto has broken both above and below this trading range, hitting highs of $10,500 and lows of $8,500.

These bouts of extremely low volatility usually don’t last for long, meaning that Bitcoin could be positioned to make a massive movement in the days and weeks ahead. One popular cryptocurrency analyst on Twitter explained in a recent tweet that he is closely watching a few crucial factors for insight into which direction Bitcoin will trend next.

Timeline of Bitcoin