The price of Bitcoin has stalled again around its current levels as an explosion in downside volatility broke critical support. The cryptocurrency is trapped between major players waiting and positioning for the next move; which side will prevail in this battle?

As of this writing, Bitcoin trades at $26,000 with sideways movement in the last 24 hours. In the previous seven days, the cryptocurrency recorded a 12% correction which has severely impacted other assets in the sector, notably XRP and Binance Coin (BNB), which recorded losses north of 15% in the same period.

Retail Traders Likely To Push Bitcoin Price Lower?

In a report from Bitfinex Alpha, an analyst points out the influence of the derivatives sector on the spot Bitcoin price. Last week, BTC’s volatility was compressed, …