A weird signal is flashing but here's what it could mean for the BTC price.
A weird signal is flashing but here’s what it could mean for the BTC price.
Bitcoin price is usually more volatile than stocks, but with 30-day volatility in BTC trading at 5-year lows, this recently was not so. Markets now have a rare volatility inversion between Bitcoin and stocks on their hands.A slowdown in sales on crypto exchanges, low trading volume, and a 6% slide over July accompanied Bitcoin’s dead-quiet pulse to close last month.
That means the calm down in Bitcoin price movements might indicate a bullish trend reversal. This period of unusually low price swings and volume could be the quiet before the storm. Upward trends are usually periods of erratic price movements, although bear markets can be volatile as well the longer they go.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bitcoin, Ethereum Technical Analysis: BTC Starts August Trading Below $29,000 – Market Updates Bitcoin NewsBitcoin dropped below the $29,000 level to start the month of August, as the greenback continued to strengthen versus other G7 currencies.
Lire la suite »
Bitcoin, Ethereum Technical Analysis: BTC Surges Towards $30,000, Following Latest Microstrategy Filing – Bitcoin NewsBitcoin moved towards the $30,000 level on Aug. 2, as markets reacted to the latest filings by Michael Saylor’s Microstrategy.
Lire la suite »
Bitcoin Whale Michael Saylor Might Buy a Lot More BTCJUST IN: saylor's MicroStrategy plans to sell up to $750 million of stock to fund, among other things, more $BTC purchases. inkbacker reports
Lire la suite »
Ripple (XRP) Taps $0.7, Bitcoin (BTC) Rejected at $30K After $1.5K Surge: Market WatchMaker's native token is today's top performer, with a notable 8.5% surge.
Lire la suite »
Bitcoin bulls falter after BTC price briefly spikes through $30KBTC price stages a brief comeback but Bitcoin bulls ultimately fail to flip resistance.
Lire la suite »
Bitcoin (BTC) Moving Against Expectations, Probable Cause?Bitcoin has seen prompt recovery, but top market veteran has pointed out its slow growth
Lire la suite »