Bitcoin (BTC) speculators could spark “significant” BTC price volatility as a large tranche of coins moves onchain. In one of its “Quicktake” blog posts on April 18, onchain analytics platform CryptoQuant warned that a Bitcoin market shake-up is now due. CryptoQuant: “Volatility is coming” for BTC priceBitcoin short-term holders (STHs) are signaling that the current calm BTC price behavior may not last long. CryptoQuant reveals that 170,000 BTC owned by entities with a purchase date between three and six months ago has begun to circulate
source: https://cointelegraph.com/news/bitcoin-price-volatility-imminent-speculators-move-170k-btc-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound