BlockBeats news, August 14, CryptoQuant analyst Axel Adler Jr stated, "According to the 30-day high-low price indicator, Bitcoin's volatility has compressed to its lowest level in two years: the range between the highest and lowest prices within 30 days has narrowed, and the range formed by rolling highs/lows has squeezed the price within it. This compression usually reflects a balance of supply and demand and low realized volatility, which occurs when liquidity is concentrated at local highs (above $120,000) and lows (below $113,000). The possibility of price range expansion is increasing."
Analyst: BTC volatility has dropped to a two-year low, possibly signaling impending large fluctuations
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
118,277.85
-2.69%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@BlockBeats