Bitcoin’s Volatility in Historical Lows
The stability in the Bitcoin’s price has bring more things in the market. More specifically, one of the core indexes that are monitored from investors and traders is the volatility.
Cryptos and Bitcoin has been accused from many analysts that their volatility should be avoidable for the average investor as he take a large proportion of risk in respect with the received return.
This has changed during the last months. Bitcoin price remains around 20,000 $, a little lower, a little higher, and its volatility has brought down to pre-COVID levels, around 1.9 %.
Even lower than stocks !!!
The price compression (in technical perspective) shows us that a big move upwards or downwards is coming. For this reason, we getting ready and make moves, looking in the next day….