Can 2022 still turn out to be a bull year? Not many believe so, but short-term volatility should pass nonetheless, analysts say this week.
Bitcoin (BTC) starts a new week in a strange place — one which is eerily similar to where it was this time last year.After what various sources have described as an entire twelve months of “consolidation,” BTC/USD is around $42,000 — almost exactly where it was in week two of January 2021.The ups and downs in between have been significant, but essentially, Bitcoin remains in the midst of a now familiar range.The outlook varies depending on the perspective — some believe that new all-time highs are more than possible this year, while others are calling for many more consolidatory months.With crypto sentiment at some of its lowest levels in history, Cointelegraph takes a look at what could change the status quo on shorter timeframes in the coming days.Will $40,700 hold?Bitcoin saw
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