Analyst: Low Volatility Indicates That Bitcoin (BTC) Will Bottom, Bull Run In Sight10.86

Just days ago, Ethereum World News reported that data from CBOE Global Markets indicates that Bitcoin (BTC) is now less volatile than the publicly-traded stocks of Amazon, Netflix, and Nvidia, which have all outperformed ‘mellow yellow’ since the start of 2018. Data from the Chicago-based institutions have also shown that Bitcoin’s 20-day historical volatility is nearing that of Apple (APPL), indicating that the tumultuous tech sector is dominating BTC in certain departments.

This rapidly dropping volatility of crypto assets, especially BTC, has led a multitude of analysts to make some interesting claims about the short to mid-term future of this budding market. According to Bloomberg, in the past four weeks, Bitcoin has only had one day with a move higher than 5%, compared with nine in both January and February.

Original source
https://ethereumworldnews.com/analyst-low-volatility-indicates-that-bitcoin-btc-will-bottom-bull-run-in-sight/

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