Bitcoin’s Inelasticity Drives its Price Volatility There is an array of factors that drives Bitcoin’s volatility, such as adverse press which in turn affects adoption rate. In addition, other factors are government treatment of the cryptocurrency, and hackings of Bitcoin exchanges. Dec 17, · Mike Novogratz, the billionaire Bitcoin investor, is wagering on volatility, a market that’s still scarred from the Covid crash earlier this year. Novogratz, 56, is among the backers of Millbank. Nov 17, · Bitcoin traders expect a significant increase in volatility as the leading cryptocurrency continues to recoup nearly all its losses since topping out just below $20, in late Whether the Author: Zack Voell.
Trading on bitcoin volatilityBitcoin Faces Volatility Rise as Futures Market Shows Signs of Overheating - CoinDesk
Afterward in my opinion, we will start the 3 years bull run. I am not sure that the predicted volatility spike in May-April is bearish or bullish. If bearish, I imagine consolidation then a big drop.
If bullish, it will be a breakout of some downward pattern. I think, BTC is going to shock all of us once again - in my previous volatility analysis, I mentioned, that some big move is going to happen and I predicted, that BTC will probably drop very deep.
BUT, even if we dropped from to , it did almost nothing with 24h volatility and we are still squeezing in some sort of triangle. And I noticed one interesting BTC is on the move, but there is one important thing, that is not moving at all - volatility is sleeping, so that means one thing - BTC will pump even harder, I am talking about , but this is IMHO not as likely, as a big dump.
If price goes up so fast, then volatility usually spikes a lot, when price goes in same speed down. I really think, that we will Bitcoin Bitmex volatility indicator Bitmex Bitcoin historical Volatility 24h period BTC is now at all time low volatility since Bitmex started recording Volatility. Expecting a big move to come very shortly. The BTC Historical Volatility Index is hitting lows, even though we have no data from the previous years, the lower the volatility the more it will explode at some point.
The question is : Up or down? Not since early December were there this many addresses in profit on paper. The previous all-time high represents a significant inflection point in mainstream interest for bitcoin, said Kyle Davies, co-founder of Three Arrows Capital, in a direct message with CoinDesk. At that point, he expects mainstream interest to accelerate.
But mainstream attention should trigger significant upside volatility, not downward, according to Davies. Bitcoin day and day volatility in Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.