Last week's selloff snapped weeks of historically low volatility for Bitcoin. While cryptos are steadying, traders brace for more choppy waters.
Bitcoin and other cryptocurrencies were steadying on Tuesday as investors in digital assets digested a selloff last week that snapped an extended period of uncommonly low volatility. But crypto traders are bracing for yet another storm.
“Next support is already in reach near $25,200,” said Katie Stoctkon, managing partner at technical research firm Fairlead Strategies. “Secondary support is … currently around $20,600.”
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