Bitcoin loses volatility for already more than 3 weeks. Usually, it might precede a sharp breakout - supposedly to the upside. Profiles show a very prominent area of accumulation, so I would not be surprised if BTCUSD breaks up to the upside very soon. Just bought Bitcoin against US dollar -0.18% with a tight stop.
@mark124, no, I've seen an abnormal decline of volume as well as volatility. Considering previous accumulation, which we had seen so far, it might be the signal that the accumulation is over
CSTrading
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@CSTrading, I was meaning accumulation in a "market profile" terms - a very prominent price level, which had attracted much trading activity over the period of last 3 weeks. It's not an accumulation in a mindset of VSA or TA traders