Wild volatility likely related to changes in US policy on BTC as well as altcoins.
Has anyone else noticed how BTC volatility has collapsed?For the last three or so days the daily range roughly has been less than $1,000. I have never noticed BTC volatility this low before.
In assets generally this often portends a sharp move (coiled spring) . . .
The last big jump was back in November. Not sure what that was all about.Right before that, nothing interesting seemed to be happening with it in terms of volatility.
We're just talking about volatility vs big jumps in price, right? That's all I'm looking at because that's what I was responding to. And you're right. I don't spend time tracking bitcoin metrics, except just a little when I get a notice from this thread. I just saw the comment about volatility and had a look because I was curious.I think you are a bit lost on what has been happening. Firstly it increased up until the approval for ETF, then it did small peak, back to clear major longs, and shot up with lots of buying till the mental barrier of $100k. If you think that is not related to price you don't track CB, Blackrock wallets, or anything ever.
We're just talking about volatility vs big jumps in price, right? That's all I'm looking at because that's what I was responding to. And you're right. I don't spend time tracking bitcoin metrics, except just a little when I get a notice from this thread. I just saw the comment about volatility and had a look because I was curious.
Here's a chart that might tell us something: https://newhedge.io/bitcoin/volatility-index
It suggests that as price has gone up over time, volatility is trending downward. And the changes in volatility are also becoming less volatile. Maybe you can tell us what that all suggests, or doesn't suggest. I have some thoughts but wouldn't claim to know.
There is almost nothing to learn about that. There are a lot of holders that simply do not sell (institutional and not), buying is regular for multiple entities (some do not sell at all), and the liquidity is higher than ever in certain pools so the price is harder to move (which makes arb bots adjust, too).
I know a guy who sold many thousands of BTC a long time ago, you can imagine he regrets it now but people are not so eager to dump these days, no matter the amount.
Today we found out!I guess we might be just waiting for news to see that spring's direction.
I’m happy to report I don’t have a CLUE what you’re talking about. Meanwhile, my boring large cap dividend stocks had a good day.A lot of people think Wintermute has been dumping SOL and ETH everywhere they can, for Binance. It may be a play to pump BNB and make it a crowd pleaser for Memes etc. Do what you want with that info.
(Wintermute is a fascinating organization, it is a wonder they are not all in prison)
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