CryptoQuant: Bitcoin may remain range-bound in the next three weeks, but volatility risks will increase at the end of the month

According to CryptoQuant analyst CryptoOnchain, based on predictions from two deep learning models (WaveNet and Temporal Fusion Transformer), Bitcoin is likely to remain range-bound between $108,000 and $120,000 in the short term. However, the model indicates a significant increase in uncertainty at the end of the month, with the risk exceeding 50%, potentially triggering significant market volatility. While the market is expected to remain relatively stable over the next three weeks, the last week of September could see significant fluctuations due to news or shifting market sentiment. While the market is currently experiencing slight selling pressure, potential high volatility risks remain a concern at the end of the month.