Recently, the BTC/USD pair has greatly increased its volatility. This remains true not only for Bitcoin, as such a tendency can be observed throughout the market of cryptocurrencies. There are no vivid factors that have impacted such movements. Therefore, we can only assume that it is due to yet another correction and profit taking of the major market players.
At the moment, the situation remains uncertain.
What’s happening on the market:
What to pay attention to: