Bitcoin's recent tumble seems to have spiked volatility as BTC remains rangebound. Ahead of Bitcoin's fourth halving, some altcoins are likely to yield unusually high returns. Major altcoinshave like AXS & IMX have multi-million dollar token unlocks this week. This week’s outlook is interesting since Bitcoin has swept the range low on the daily time frame. This development, coupled with the upcoming halving event, suggests that a short-term correction play is in the works.
BTC/USDT 1-day chart Also read: Bitcoin Weekly Forecast: BTC’s rangebound movement leaves traders confused This week’s crypto events Monday, April 15: Stacks – Nakamoto Upgrade Tuesday, April 16: Arbitrum – $107 million unlock Axie Infinity – $78 million unlock Fetch.AI , SingularityNET , and Ocean Protocol merger voting ends. Thursday, April 18: Manta – $44 million unlock Friday, April 19: ImmutableX – $73 million unlock Coinbase vs.
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