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📊Bitcoin surpassed the price of 104 thousand dollars amid decreased volatility and increased volume.
After months of turmoil, the chart clearly shows the following:
🔹 Volatility has decreased significantly since April ( the yellow line ).
🔹 Trading volume ( the gray strips ) remains consistently high
🔹
#
Bitcoin
The price has risen ( with the red and green line ) to over 100 thousand dollars and is stabilizing around 104 thousand dollars.
What does this mean:
📉 A decrease in volatility + strong volume indicates increasing consensus in the market - as major players prepare for further upside.
💡 This behavior is typical for the "consolidation above the breakout" stages, which are often seen before the next upper leg.
The market is not experiencing panic - rather, it is stabilizing.
📌 The market value hovers near its all-time highs - and participants are not exiting, even at high prices.
Conclusion:
Bitcoin maintains its strength. As long as volatility remains low and trading volume is high, the upward momentum will continue.
We may witness accumulation above 100,000 dollars, rather than taking profits.