Cryptocurrency Analysis and News Portal
All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000.There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range.This
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Bexplus provides BTC, ETH, LTC, EOS and XRP perpetual contracts for futures trading as well as 100x leverage. With its intuitive interface and demo account, beginners can learn to trade and improve their skills. As the crypto world anxiously waits for Bitcoin to make a move, whether upward or downward, the
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According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500. Source
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While bitcoin has gained 3% so far this week, the overall trading environment remains dull with volatility hovering at multi-year lows. Ten-day realized volatility, a historical metric, is now at just 20%, the lowest level for two years. That’s “a low that’s only preceded in Sep & Oct 2018,” the Singapore-based
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Over the past month, while market action has been relatively quiet, crypto traders have punched the buy button when bitcoin’s price drops below $9,000. Bitcoin (BTC) trading around $9,208 as of 20:00 UTC (4 p.m. ET), slipping 0.80% over the previous 24 hours.Bitcoin’s 24-hour range: $9,201-$9,379BTC above 10-day and 50-day moving
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Crypto exchange volumes could continue falling should volatility remain at these low levels, said CryptoCompare CEO Charles Hayter. Source
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Bitcoin’s consolidation channel formed since the start of May has been narrowing ever since it was first established.The cryptocurrency is now trading sideways between $9,000 and $9,300, facing immense resistance at the upper boundary of this range.From a fundamental perspective, the benchmark digital asset has been seeing stagnating market health,
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The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility.The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s the lowest 10-day reading in nearly three years.“Last time we
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Quick take:Bitcoin has once again regained a sense of bullishness with a quick move above $9,300. Only time will tell if this move will lead to a retest of $10,000. Bitcoin’s volatility is still low and the last time it was at this level, was November 2018. Back then BTC fell from $6,600
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Bitcoin’s price action has quickly become unbearable for many traders.As NewsBTC has reported extensively over recent days, the crypto market has come to an absolute standstill. In the past week, the cryptocurrency has traded in a right 5.5% range, with bulls and bears not even attempting to break out of
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