Bitcoin Price Hovers Around $27K Over Weekend, But Volatility Could Return Around Weekly Close
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Bitcoin price saw "ultra boring" weekend trading around $27K, but analysts still eye potential volatility around weekly close.
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Some predict possible BTC price breakout to $27,800 if resistance around $27K is overcome.
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Trader notes upcoming weekly candle close below "bull market support band" formed by moving averages.
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Additional predictions say volatility could pick up toward end of day with CME Bitcoin futures closing price around $26,840.
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Adoption model calls for $27K as important support level, with BTC price spending 75% of time above adoption curve.