Bitcoin Rally Hopes Rise Amid Market Volatility

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Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls' key reclaim level.

Bitcoin traded sideways on Wednesday as traders weighed geopolitical risk and waited for a break from its recent range.

Bitcoin traders are waiting for the end of rangebound price action, with the focus on $70,000.

An optimistic forecast says that the low $80,000 zone could come back into play by the end of March.

Open interest trends suggest heightened BTC price volatility next.

Bitcoin struggles to cement key springboard level


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