Bitcoin Volatility Looms as Traders Eye ECB Forum, Powell

Bitcoin Volatility Looms as Traders Eye ECB Forum, Powell
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Traders are closely monitoring the ECB Forum and Fed Chair Jerome Powell’s remarks for hints on monetary policy shifts. Meanwhile, Bitcoin shows signs of impending volatility amid whale activity and diverging derivatives sentiment.

  • Whale activity and falling exchange reserves signal potential Bitcoin volatility ahead.
  • Bitcoin options show defensive sentiment, while Ethereum traders anticipate upside before ETHCC.
  • Analyst Axel Adler Jr. predicts Bitcoin could target $112,000 if it holds above $108,000.
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