Bitcoin Set for Volatility as Bulls Target $80K
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Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls' key reclaim level.
Bitcoin traded sideways on Wednesday as traders weighed geopolitical risk and waited for a break from its recent range.
Bitcoin traders are waiting for the end of rangebound price action, with the focus on $70,000.
An optimistic forecast says that the low $80,000 zone could come back into play by the end of March.
Open interest trends suggest heightened BTC price volatility next.
Bitcoin struggles to cement key springboard level
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