![Does Bitcoin price risk losing K with BTC futures premium at 2-month lows? Does Bitcoin price risk losing K with BTC futures premium at 2-month lows?](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/204a4726-33b9-430d-9b88-bb2e37623282.jpg)
For the past 17 days, the Bitcoin price has been trading within a narrow 8.5% range, from $27,250 to $29,550, causing the 40-day volatility metric to drop below 40%. This wasn’t restricted to cryptocurrencies,…
![Bitcoin price threatens K support as pre-FOMC mood boosts US dollar Bitcoin price threatens K support as pre-FOMC mood boosts US dollar](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/db91cdfc-2783-4205-843e-58b70498b609.jpg)
Bitcoin (BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Suspicions mount over First Republic…