BTC price breakout by end of August? 5 things to know in Bitcoin this week By Cointelegraph

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© Reuters

(BTC) is painting a classic August picture as it starts the new week — volatility is nowhere to be seen.

In a continuation of some of the quietest BTC price action ever seen, the largest cryptocurrency remains locked in a narrow trading range below $30,000.

1-hour chart. Source: TradingView
BTC/USD annotated chart. Source: Michaël van de Poppe/X
BTC/USD annotated chart. Source: Daan Crypto Trades/X
BTC/USD annotated chart. Source: Rekt Capital/X
BTC/USD annotated chart with RSI. Source: Rekt Capital/X
BTC/USD monthly returns chart (screenshot). Source: CoinGlass
Bitcoin Historical Volatility Index (BVOL) 1-week chart. Source: TradingView
Bitcoin Bollinger Bands Range annotated chart. Source: Checkmate/X
Bitcoin number of addresses with balance over 1,000 BTC chart. Source: Glassnode
Bitcoin realized price chart. Source: Root/X
Fed target rate probabilities chart. Source: CME Group (NASDAQ:)