Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm

Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm

“Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, said in an email interview.