Bitcoin price compression will spark expansion: Will BTC explode toward $120K?

Bitcoin sellers put a cap on $112,000, but technical, onchain data and the end of October US macroeconomic calendar suggest that the price compression will trigger a violent expansion.

Key points: 

ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount. 

Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market. 

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