Bitcoin Sept. 30 chart alert - Quieter, sideways trading continues
(Kitco News) - Bitcoin-U.S. dollar prices a bit firmer in more subdued trading early U.S. dealings Friday, on this last day of the month and of the quarter. Prices have been grinding sideways in quieter fashion recently. This has created a "collapse in volatility" despite keener risk aversion in the general marketplace. The collapse in volatility suggests a bigger price move is on the horizon. The bears still have the slight overall near-term technical advantage. A move in BC prices above the September high would empower the bulls to suggest a price uptrend developing, and a move below the September low would recharge the bears and restart a price downtrend.Stay tuned!
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