Categorical
Long

Bitcoin/USD: reduced volatility results in a rally

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
777 views
18
777 2
There have been four previous occasions when the volatility of Bitcoin has been this low (as measured by the width of Bollinger bands ) on Bitcoin/USD. In all four cases, the subsequent price movement was upwards. In the chart below, the oscillating line shows Bollinger band width. The lower the reading, the tighter the Bollinger bands . This is consistent with Bitcoin undergoing a consolidation period.
imo
Reply
Amazing find!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out