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Bitcoin pause may extend as $60,000-$80,000 range draws attention

Bitcoin volatility has shrunk by about 56 percent this quarter, and the market has stayed in a range for 114 days, an analysis showed. Cointelegraph reported that smoothed one-week realised volatility fell to 17.2 percent from 39 percent, well below the long-term median of 40 percent. Analysts said volatility compression can precede a big move, though it does not indicate direction. Some cited a $60,000-$80,000 range and mixed signals from exchange inflows and large wallets.