Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs
Volatility has stayed relatively low through bitcoin’s slow march toward record highs.
Related News
After weeks of gut-wrenching volatility, the start of April has been much kinder to Bitcoin. Following a record-breaking $6.4b options expiry, Bitcoin’s price action has been far less volatile in the past few days. According to the Bitcoin Volatility Index, its 30-day volatility has dropped from a high of 5.34% on March 9 to 3.42% at time of press. The major cryptocurrency’s price level is consolidating just under the asset’s all-time high of $61,800 — […]
Bitcoin’s price is closing in on record 2020 highs as ether’s volatility picks up.
Bitcoin volatility levels have now bitten a new low since November 2020. Volatility in the market has seen a downward drop as the price of bitcoin has stagnated in the last few months. As bitcoin saw record highs at the start of the bull market, volatility had risen greatly. Speculations rocked the market and there […]
The price of Bitcoin is consolidating around $19,000 as traders brace for a possible pullback. The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec. 4, with traders becoming increasingly uncertain about what's next for BTC/USD. Bitcoin rally keeps stalling at $19,500Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S. dollar is showing signs of a possible recovery.Others, however, expect the crucial $18,500 support level to hold, which would likely set up BTC to....
Bitcoin price has been trending around $37,000 since it last broke out of the funk of the market crash. Since then, the digital asset has continued to record low momentum but bears and bulls look to remain in a tie for who will eventually move the price in their favor. While all of this is going on, bitcoin options traders have shown a clear picture of their hand, and by extension, their sentiment, as the market struggles. Bitcoin Options Traders Are Wary Since bitcoin options traders bet on the price of the digital asset, they have to play to volatility. Hence, when volatility is high,....