Each specialist has a different opinion about the market flutuations. I'm not a specialist, but as I observe, when the market is like now, holders are waiting for news to continue with their transactions. The bu story made created trouble and much flutuation.
And now the absence of news about bu and the uncertain future make the market idle for a moment.
Topic: what happened to the volatility in BTC in the last week - page 2. (Read 1123 times)
when price is volatile you ask why! when it is stable you again ask why!
it is how the market works, sometimes there is some reason out there (for good or for bad) that causes some bigger movements upwards or downwards and then it slows down and comes back to the normal slow rise over time state. there is nothing strange and it is just the natural way of the market.
it has nothing to do with bots or whatever it was someone told you
it is how the market works, sometimes there is some reason out there (for good or for bad) that causes some bigger movements upwards or downwards and then it slows down and comes back to the normal slow rise over time state. there is nothing strange and it is just the natural way of the market.
it has nothing to do with bots or whatever it was someone told you
if we compare from the last week, i see the price is increase drastically because in last week, we see the price is somewhere at $1,1xx but now the price is increase more than $1,2xx. i think when the price is moving up, many trader will gets panic and they think that they don't want to be late with the party so this will triggered the price is going high.
In my view, Bitcoin got somewhat stable after breaching the psychological resistance level of $1,200. I am not a technical guy and just new here in Bitcoin or any trading type of platform so that what I see. After the raging debates in the past weeks, the emotional roller-coaster right now is subsiding and this is reflecting in the way Bitcoin is behaving right now. 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.
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.
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