Bitcoin Stays Strong: Weekend Consolidation Brings Stability

Weekend trading sees a lack of substantial volatility or activity, according to crypto analyst Daan. He suggests that Bitcoin’s current price level near $104,000 represents a potential risk zone for large whales, who could trigger significant liquidations if the price drops below this threshold. However, he anticipates stable volatility as long as BTC trades above $104,000. 2016 Bitcoin prices are often used to measure volatility.