Bitcoin is now around 82,800, trading almost flat, up 0.28% over the past 24 hours.
Annualized volatility has fallen to around 46%, half its 2018 level. Day-to-day price swings have clearly diminished, and liquidity is much deeper than before, making it easier to absorb shocks now that institutions have entered the market. This low-volatility, high-liquidity environment makes holding positions more comfortable and is also better suited to gradually building long positions.
Remain bullish $BTC $ETH
Annualized volatility has fallen to around 46%, half its 2018 level. Day-to-day price swings have clearly diminished, and liquidity is much deeper than before, making it easier to absorb shocks now that institutions have entered the market. This low-volatility, high-liquidity environment makes holding positions more comfortable and is also better suited to gradually building long positions.
Remain bullish $BTC $ETH