The general mood in the cryptocurrency market is one of anticipation on September 17th, as the price of Bitcoin has traded in an increasingly narrow range over the past two days and appears to be curling up. in anticipation of movement in one direction or the other.
Data from TBEN Markets Pro and TradingView show that the price of Bitcoin (BTC) hovered between $ 47,150 and $ 48,150 in trading on Friday as the lack of major developments or headline stories led to a relatively flat day in the markets.
1 day BTC / USDT chart. Source: TradingView
A recent report from Delphi Digital suggested that the sudden drop in the price of Bitcoin last week caught the market off guard and led to a significant drop in market sentiment from greed to fear, and the price performance of BTC to over the past week has been a response to that. as traders cautiously re-engage the markets.
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