Bitcoin’s Implied Volatility Craters as Traders Eye Technical Weakness

Bitcoin’s implied volatility has been caught within a consistent downtrend throughout the past several weeks This comes as global instability mounts and as BTC’s mining rewards halving fast approaches Following the massive volatility seen in mid-March when the cryptocurrency declined from roughly $8,000 to lows of $3,800 in an unprecedented movement, Bitcoin’s implied volatility has been consistently declining. This comes as BTC finds itself caught within a bout of sideways trading within the lower-$7,000 region, […]
Bitcoinist.com

35 total views, 1 views today

Author: toutiao