Bitcoin clings to $19K as trader promises capitulation ‘will happen‘ By Cointelegraph

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Bitcoin clings to $19K as trader promises capitulation ‘will happen‘

(BTC) stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView captured a lackluster weekend for BTC/USD as the pair barely moved in out-of-hours trading.

BTC/USD monthly returns chart (screenshot). Source: Coinglass
1-week candle chart with 200MA. Source: TradingView