{"id":396157,"date":"2019-09-16T18:00:35","date_gmt":"2019-09-16T18:00:35","guid":{"rendered":"https:\/\/uniquehot.com\/?p=396157"},"modified":"2024-06-11T11:07:04","modified_gmt":"2024-06-11T11:07:04","slug":"low-volatility-bitcoin-price-action-decision-time-is-near-powerful-move-incoming","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/low-volatility-bitcoin-price-action-decision-time-is-near-powerful-move-incoming\/","title":{"rendered":"Low Volatility Bitcoin Price Action: Decision Time Is Near, Powerful Move Incoming"},"content":{"rendered":"
Bitcoin price<\/a> is one again trading in the low $10,000 range, following a weekend trading around mid-$10,000 and yet another failure to break out higher. As a result of the lack of a clear direction being chosen, volatility has dropped to the lowest point it has been in some time and is approaching lows from November 2018 and April 2019. <\/span><\/p>\n When volatility drops this low, just like it did during those two key dates, Bitcoin price makes a massive, powerful movement, and finally makes a decision on the trend ahead. Should something similar occur, a \u201cmassive\u201d 25% or more move could be possible, according to one crypto analyst.<\/span><\/p>\n Bitcoin<\/a> and other crypto assets are both lauded and feared for their notorious volatility. For investors, the volatility can be difficult to stomach at times, as Bitcoin price can rise to $20,000 in months, only to fall back down to $3,000 retracing over 80% of the gains it saw.<\/span><\/p>\n Related Reading | Power Law: Tracking Bitcoin\u2019s Growth to $100K and Beyond\u00a0<\/a><\/strong><\/em><\/p>\n But for crypto traders, volatility is why Bitcoin and the rest of the asset class make for such attractive financial markets. The massive price swings are ideal for traders who seek to buy low and sell high and can lead to a fortune being made trading on leverage using platforms that offer margin.<\/span><\/p>\n However, that lucrative volatility is currently non-existent, with Bitcoin price trading within a $200 range for much of the weekend. The volatility levels are reaching lows not witnessed since November 2018 or April 2019.<\/span><\/p>\n $BTC<\/a> decision time soon pic.twitter.com\/QVJn1Q6faD<\/a><\/p>\n — K A L E O (@CryptoKaleo) September 16, 2019<\/a><\/p><\/blockquote>\nBitcoin Price Volatility Reaches Levels Not Seen Since Nov 2018 or April 2019<\/h2>\n
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