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Analysis: Approximately 170,000 Bitcoins are on the move, and the coin price is expected to experience significant volatility

BlockBeats News, April 18th, CryptoQuant analyst Mignolet stated that about 170,000 BTC are currently moving from the 3-6 month holder group.


This significant movement from this group usually signals an upcoming major price swing. "Green boxes indicate an upward trend. Red boxes indicate a downward trend. Volatility is coming."

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With the expiration of the monthly contract this weekend, implied volatility will face downward pressure, which may further lead to stagnation for Bitcoin.
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