Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

$BTC's recent 5-day average volatility has dropped below gold, the Nasdaq 100 and the S&P 500. Such uneventful periods in the past have led to violent breakouts with dramatic price changes, K33Research noted. sndr_krisztian reports

Bitcoin’s five-day volatility has dropped below that of of gold, the Nasdaq 100 and the S&P 500, crypto analytics firm K33 Research noted.

Bitcoin’s price may be sleep-inducing of late, but it's become so boring that a dramatic eruption could soon be coming., bitcoin's five-day volatility has sunk below that of gold, the Nasdaq 100 and the S&P 500. This only happened a few times in recent years, K33 senior analyst Vetle Lunde pointed out, and every occasion preceded periods of wild price swings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pro Trader Peter Brandt Says Bitcoin Halving 'Will Be a Non-Event' – Featured Bitcoin NewsBrandt told his followers that the only thing that matters is bitcoin’s undisputed position as the number one crypto asset. bitcoinetf bitcoinhalving
Source: BTCTN - 🏆 531. / 51 Read more »

Is Bitcoin on Slippery Slope? Factors Point to Potential $27,000 PlungeWith Bitcoin slipping below the 50 EMA and signs of decreasing network inflows, is a significant price drop on the horizon?
Source: Utoday_en - 🏆 295. / 63 Read more »

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.
Source: BTCTN - 🏆 531. / 51 Read more »

BTC price 'fireworks' after monthly close? 5 things to know in Bitcoin this weekBitcoin starts the week with a monthly candle close with BTC price action still sideways. Acting in an area just below $30,000, BTC price performance has frustrated or simply bored traders over the past week — could a breakout come next?
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin volume hits lowest since early 2021 amid fear $25K may returnBitcoin bulls have their work cut out to beat out $29,500 sellers, BTC price analysis warns. Much like the weekend and the week prior, nothing seemed able to effect a major trend change, while a brief spurt above $29,500 after the weekly close provided the most interesting intraday event.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin price holds above $29,000, unmoved by Curve Finance hackBitcoin's price opened the week trading flat, unmoved by the weekend's significant Curve Finance DeFi exploit.
Source: TheBlock__ - 🏆 464. / 53 Read more »