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BTC price gained 40% in 2 months when Bitcoin was last this rangebound

BTC price gained 40% in 2 months when Bitcoin was last this rangebound

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Source: Coin Telegraph

Bitcoin is turning back the clock to October 2023 and its springboard from $30,000, the latest BTC price onchain analysis concludes.

Bitcoin (BTC) volatility is repeating the 2023 BTC price breakout as $100,000 remains a magnet.

In one of its latest X posts on Jan. 23, onchain analytics platform Glassnode flagged BTC/USD acting in a “very narrow” range.

Bitcoin bulls have not left $100,000 behind as the round-number level forms an enduring market focus.

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Author: William Suberg