Bitcoin Volatility Shrinks To All-Time Lows – What To Expect
The Bitcoin price is currently so stable that some experts are already jokingly comparing it to a stablecoin. However, from a historical perspective, this low volatility level carries a lot of risk. As Glassnode reports, BTC is trading in an incredibly small range of $869, separating the weekly low and high by just 4.6%. Glassnode looks at these bearish risks but also bullish opportunities in its new weekly report. Periods of extremely low volatility have been very rare in Bitcoin’s history. Ultimately, there has either been an extremely strong move up or down. The Bear Case For The....
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Following the Bitcoin price’s extreme loss of volatility over the past few weeks, yesterday’s rally feels like new hopium and a massive move to the upside. For the first time in three weeks, the price has surpassed $20,000 with the move coming as a surprise to many. Most recently, inflation fears and macroeconomic uncertainties have dominated the crypto market. Fundamental changes in this regard did not occur yesterday. So what was the reason for yesterday’s upswing in the Bitcoin market? Related Reading: Bitcoin Volatility Shrinks To All-Time Lows – What To Expect What....
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 […]
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 has undergone a strong rally since the lows seen just two weeks ago. The leading cryptocurrency currently trades for $13,050, far above the aforementioned lows and above the medium-term lows set during the September correction at $9,800. Some have argued that the cryptocurrency is severely overbought. As reported by NewsBTC previously, one trader recently […]
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 […]