Least volatile ‘Uptober’ ever — 5 things to know in Bitcoin this week

Cointelegraph

Published Oct 24, 2022 03:39AM ET

Updated Oct 24, 2022 05:20AM ET

Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick.

After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now in place for weeks.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
BTC/USD order book (Binance) annotated chart. Source: Maartunn/ Twitter
BTC/USD order book (Binance) annotated chart. Source: Material Indicators/ Twitter
Bitcoin price cycle comparison chart. Source: James Bull/ Twitter
Fed target rate probabilities chart. Source: CME Group (NASDAQ:CME)
Bitcoin network fundamentals overview (screenshot). Source: BTC.com
Bitcoin supply in loss (30-day moving average) annotated chart. Source: Games of Trades/ Twitter
BTC supply last active 5+ years ago chart. Source: Glassnode/ Twitter
Bitcoin historical returns chart (screenshot). Source: Coinglass

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