Bitcoin can flip 'highly volatile' as bull case eyes $80K rebound by April

Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls' key reclaim level.

Bitcoin (BTC) waited for cues on Wednesday as the market priced in geopolitical instability.

Key points:

Bitcoin traders are waiting for the end of rangebound price action, with the focus on $70,000.

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