Bitcoin Volatility Going Crazy Right After Hitting Shocking 2021 Lows
Bitcoin’s volatility is going crazy as the price dropped down 20% to $43k today, right after a week of shockingly low activity! Bitcoin 7-Day Volatility Declined To 2.3% Last Week As per the latest weekly report from Arcane Research, the 7-day volatility of the cryptocurrency declined again this past week. The volatility is an indicator […]
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Bitcoin continues to observe new yearly lows for volume as volatility also continues to decline further. Bitcoin Volume And Volatility At Yearly Lows As per an Arcane Research report, the 7-day average trading volume for BTC continues to hit yearly lows. This is the third consecutive week that the indicator has plunged down. The below […]
Volatility is currently what keeps many investors away from Bitcoin, and the situation is unlikely to change on its own very soon, as no central regulatory authority can or will be able to control any of its parameters. Bhandari confirms that “currently there is no way to profit off of Bitcoin’s volatility. You can buy an asset, but at this stage you have pretty much a 50/50 chance on whether it will go up or down.” Due to the fact that all investors can do with Bitcoin at present is invest for the long-term, Bitcoin options allow the community to “create strategies that profit off of....
Bitcoin’s volatility has been diving as of late, with the benchmark cryptocurrency seeing multiple prolonged bouts of sideways trading. Last week, BTC did see some turbulence that caused its price to rally from lows of $10,400 up to highs of $11,700. This move occurred over multiple days and has since resulted in it seeing yet […]
Bitcoin’s seven-day average trading volumes have continued to remain low, as the seven-day average trading volumes only reaching $3 billion. This comes on the heels of the digital asset seeing declining volatility in the market. The bitcoin trading market had seen a marked shift in trends as the average trading volumes remain at yearly lows. This trend follows the trend seen in trading volumes from last summer. Bitcoin volume had also remained low last summer, and this summer so far has followed the same trend. Bitcoin trading volumes had seen a small recovery after a dip in June....
No challenge of $40,000 yet as analysis reveals that active bears are selling into a black hole. Bitcoin (BTC) briefly touched $43,000 prior to Wall Street opening on Jan. 6 as new market analysis offered bad news for bears. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Very similar to $30,000"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged after hitting its lowest levels in nearly six weeks.Amid six-month lows for sentiment and a feeling of foreboding on social media, analysis investigating trader behavior nonetheless concluded that all is....