Bitcoin’s annualized volatility has fallen to 46%, but the number of extreme market moves this year has already surpassed that of the 2018 bear market.
My takeaway: another negative signal. Whether the direction has changed remains to be seen—let the market structure speak.
I feel pretty calm after reading this, probably because I’ve seen too many similar things.
$BTC

#BTC

Do your own research before placing an order.