what happened to the volatility in BTC in the last week

Wipro

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Quote from: zimmah on April 11, 2017, 01:28:10 PM

Markets can't stay volatile forever.

Also, they can't stay not-volatile forever.

It alternates between volatile and peaceful all the time.

Actually the fact about the bitcoin price is volatile always even you could check the price chart to confirm that. this price trend is moving up and down due to rate of adoption over bitcoin and its technology. personally i don't expect bitcoin to settled in one stable value, just need to move up everyday.

ImHash

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I think OP wants $200-$300 drop in price in one day and $250-$350 rise the next day so he could profit trading bitcoins Cheesy

that's not going to happen or at least not the way you'd like it to happen as more and more exchanging companies getting regulated price manipulation becomes harder but not that much.
There might be also some reason for that which I guess many people trying to mine themselves with ASICBOOST and stuff.

Another reason, this is a free market and things like this happens, we need stable market with snail speed growth otherwise it would scare away non risk taker investors.

zimmah

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Markets can't stay volatile forever.

Also, they can't stay not-volatile forever.

It alternates between volatile and peaceful all the time.

Febo

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Quote from: mr.mister on April 10, 2017, 09:33:08 PM

Hey guys, just thought maybe I can get some insight from some of you who have the knowledge. I noticed that there has been very little volatility in the last week. Can someone please explain why? Someone mentioned to me that there are not many bots operating, but I am not certain that is true.

Thank-you for your thoughts.

People went on vacations. Half of Europe is christian and Europe is 1/3 of Crypto space according to this research : http://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2017-global-cryptocurrency-benchmarking-study.pdf Expect that bloodbath will continue on Tuesday.

mr.mister

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Quote from: jjacob on April 11, 2017, 12:20:35 PM

This lull in the market is temporary. Be prepared for a storm.
When movement (either upward or downwards) happens, it tends to be violent.

I hope that it violently goes down.

jjacob

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This lull in the market is temporary. Be prepared for a storm.
When movement (either upward or downwards) happens, it tends to be violent.

richardsNY

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Quote from: alyssa85 on April 11, 2017, 07:32:52 AM

I like it when it is stable! It needs to consolidate at this level before it tries to push upwards. Otherwise you just gpo straight up and back down again within a few days.

You know what I have been noticing in all the years, at the time the price experiences a high level of volatility, people are looking for stability. If the price is stable for a certain period of time, people get bored and start looking for volatility. People never seem to be fully satisfied. One day they want something, the other day that exact same thing isn't interesting anymore. That being said, as long as the uncertainties around the potential hard fork are still there, we aren't free from drama.

mr.mister

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Quote from: Pearls Before Swine on April 10, 2017, 11:37:12 PM

My man, there isn't a person on this forum who can tell you with any sophistication why prices are or aren't volatile. People blame China for many things, and perhaps there hasn't been much news as of late. What has been happening is that we plateau and then break to the up- or downside. So place your bets according to whichever you think is going to happen.

I understand that, however, I created this thread to get people's opinion. There is no certainty ever, in the price of any asset (i.e stock, commodity, bond, or currency), however, people still analyze, predict, and give their opinions, based on facts, and what they know, and that was the whole idea.

below is a nice report on the state of BTC for 4/10/17

http://www.newsbtc.com/2017/04/10/bitcoin-price-technical-analysis-04082017-supported-risk-off-flows/

alyssa85

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I like it when it is stable! It needs to consolidate at this level before it tries to push upwards. Otherwise you just gpo straight up and back down again within a few days.

mylabs01

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Quote from: housebtc on April 11, 2017, 01:40:23 AM

Mostly volatility come as a result of a major news in the space, the ETF news, PBOC and also the BTU Hard fork news. There is no major news in the space for now to influence the price movement.

agree with you man. these FUDs that are spreading and will spread in the future will have a huge impact of bitcoins price. and usually these are just manipulated by big whales in order to panic sell and they will get the chance to buy coins in more cheaper price with a high volume.

rajasumi3

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It all depends on the market and it is for the better us .there is no bots working on it .you might see that the price of bitcoin has slowed down that is stable but it may happen that the price of bitcoin may go down in the upcoming week.

numismatist

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Quote from: iamTom123 on April 10, 2017, 09:51:14 PM

I am not so sure if the coming Holy Week can somehow affect Bitcoin but I am hoping that it can finally be back going forward to the $1,300 level.

There will be higher movements during these days since some people are bored, and most others disconnected from a rapid responding cash supply, banks closed. Same effects like every friday/sunday, just stronger.

talkbitcoin

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All I know is that I know nothing.

nothing that we haven't seen before.

it started a while back when the FUD about split came and market makers dumped to create some panic and then when price bottomed out everyone started buying cheap coins from weak hands and that takes time but you can't keep the price down forever to buy cheap coins.

then price did a bounce back to upper $1000 and then a faster rise happened to above $1100 and then because of the existence of some level of uncertainly it took some time and breaking into some resistance over at $1200 price but the accumulation continues with high volumes and stable price.

soon there will be another phase of rising when the FOMO hits certain people in the face and they realize they made a huge mistake when they sold at $890-$950 range and now they feel like missing out and want to come back. and that is the time when we will start testing the $1300 resistance.

bitbunnny

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I don't realy think this is some special phenomenon. Bitcoin is volatile, we all know that, but depending on the market conditions and different influences there could be periods when Bitcoin price is more or less stable. And this is not happening the first time. But also doesn't mean that Bitcoin price will remain stable.

ekoice

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Quote from: mr.mister on April 10, 2017, 09:33:08 PM

Hey guys, just thought maybe I can get some insight from some of you who have the knowledge. I noticed that there has been very little volatility in the last week. Can someone please explain why? Someone mentioned to me that there are not many bots operating, but I am not certain that is true.

Thank-you for your thoughts.

Initially,Bitcoin price was around $1200 before two weeks.Suddenly,due to BU and hard fork issues,Bitcoin price started to fall suddenly.Big whales made use of that situation and dumped their coins to make bitcoin price fall more.Due to such incidents, bitcoin price fell more.But now,big whales have once again bought huge shares of bitcoin and fear of hard fork has also gone.Thats why,bitcoin price has little volatility.But remember,this is only a temporary situation and soon i hope bitcoin price could rise.

asuryan180

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It's the market,get used to it,price goes up and down and you can't control it-in regards to why it's happening-well,news are coming each day affecting people's opinion on BTC,miners trying to sell their coins,big players getting in and opting for bringing the price down so they can load up on coins,seeing if the market is resillient.All these things add up and then we see all those spikes and surges

housebtc

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Mostly volatility come as a result of a major news in the space, the ETF news, PBOC and also the BTU Hard fork news. There is no major news in the space for now to influence the price movement.

Amph

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volatility in bitcoin is rigged, it's artificially manipulated until at least we move to 10k value or more, it's done by miners or big whales to acquire more cheap coins

you can rise both a fake wall and a buy wall, which are very big to trap and scare investors, and make them dump at your desired price point, and it work all the time

jonald_fyookball

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Markets always move in cycles like that. They move strongly in one direction for a while, then consolidate. Always have, always will. The exact way that the market movement unfolds is unknowable because there are a great number of market participants, each with unknown motives and strategies.

For example, right now, there may be fundamental buying pressure coming from Japan, Venezuala, Africa, who knows. At the same time, there is selling pressure from other investors who are concerned about scaling.

On a technical analysis level, after a strong bull trend, the market tends to go sideways if it is not at a resistance level. Price broke through the $1000 barrier which held as support even after the ETF failure and BU-vs-SW stalling on the scaling debate. But now we are at $1200. Bulls do not want to buy too high, and at the same time, bears do not want to fight this strong trend, so the price action has narrowed into a range. This will continue until the next imbalance happens and pushes price somewhere else.

Pearls Before Swine

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My man, there isn't a person on this forum who can tell you with any sophistication why prices are or aren't volatile. People blame China for many things, and perhaps there hasn't been much news as of late. What has been happening is that we plateau and then break to the up- or downside. So place your bets according to whichever you think is going to happen.

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