The post Bitcoin’s Price Holds at $26k Support, Analyst Anticipates Volatility Ahead appeared first on Coinpedia Fintech News

Bitcoin’s (BTC) price has held precariously onto the support level of around $26k since August 18. Most crypto traders are looking at the zone between $24k and 25k as the next major support, which Bitcoin bulls can recuperate. Undeniably, Bitcoin’s volatility is on the horizon, following the recent capitulation that significantly rejuvenated the cryptocurrency bears.

Moreover, high-impact news is scheduled later this week including the United States Gross Domestic Product (GDP) second release, scheduled on Tuesday, the US unemployment claims on Thursday,  and the unemployment rate on Friday.

Poppe’s Take on Bitcoin Price Action and Market Outlook