Bitcoin has remained ever up and down on the index. Volatility is the sole of the cryptocurrency.
This week, Bitcoin has reached the 40K mark again but some traders still possess some fear. For Bitcoin investors, fear and greed are like a messiah. People are always selling and there are those who are also buying.
Some analysts are saying that the cryptocurrency may see more “choppy” price action in the coming days or months.
One thing that some traders fear is what is known as directionless trading. Contracting price actions which has been happening in recent time could worsen things for the industry.
April 2022 has been prophesied to be a bullish month for Bitcoin traders.