Bitcoin’s trading range fluctuated between $25,800 and $28,000 over the last week amid increased volatility. The variation was fueled by a prospective debt ceiling agreement, prompting market rallies, increased Bitcoin dominance and trading volumes, and may lead to more market activity due to Asian regulatory changes and Recep Erdogan’s re-election as president of Turkey, K33 said in the report.
Data suggests Bitcoin price could rally above $110,000 in May.
Key Takeaways:Bitcoin is pushed by its means to carry out effectively in risk-on and risk-off environments, based on Bitcoin Suisse....
