Bitcoin (BTC) starts the week on a firm footing as bulls send BTC price to a new 10-month high weekly close.
After a relatively calm week, last-minute volatility is getting traders excited at the prospects of a repeat attack on $30,000 resistance — but a lot stands in the way.
In what is set to be a significant week of macroeconomic data releases, the Consumer Price Index (CPI) print for March is due April 12, along with fresh insights into Federal Reserve policy.
Add to that the Ethereum Shanghai upgrade and it’s a recipe for volatility. How will Bitcoin react?
Volatility correlations between the largest cryptocurrency and traditional risk assets are inverting, data shows, while sentiment data also suggests little appetite for sudden selling among the hodler base.