The famous trader Daan Crypto Trades has just issued a warning that Bitcoin is approaching a critical point, as the price volatility this month is significantly narrowing.
According to his analysis, the difference between the monthly high and low is currently only 10.3% – unusually low compared to previous months.
Daan stated that in the past 4 years, there has not been a month where BTC ended with such a low range, and usually when prices are compressed like this, a strong breakout is likely to happen soon.
