Bitcoin Could Be Coiling Its Way Towards A Breakout

From forex.com

Bitcoin prices are coiling within a tight range after seeing relatively high levels of volatility last week, suggesting it could be preparing for another volatile burst. We’ve paid close attention to the level of volatility on Bitcoin recently, as leading into Independence Day BTC had hit levels of volatility usually associated with bearish trends, nasty corrections or periods leading up to a crash. However, volatility has subsided and it continues to hold above key levels of support, so we’re keen to see if it will now revert to its bullish trend. Switching to the four-hour chart, a triangle can be seen ... (full story)