BTC's Volatility Dance
Crypto Compass 88
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BTC experienced a brief pullback on Wednesday, possibly due to the market adjusting after a rapid 90% rally and the introduction of ETF trading. The current sideways movement suggests a period of consolidation as the market determines its next direction.
While the long-term outlook for BTC remains bullish, caution is warranted, considering the potential impact of increased volatility and the evolving dynamics as BTC transitions into ETF trading, which may introduce new trading patterns similar to traditional indices.
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