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Record Low Volatility Suggests Upcoming Price Shift For Bitcoin

Isaac Goluboff

Summary: Bitcoin (BTC) price ranges showed a Bollinger Band width of under 0.95 this morning, the smallest band since 2016, according to Cointelegraph. The Bollinger Band measures price volatility, and while BTC prices have hovered in increasingly narrow ranges between 2019 and 2020, this morning’s record low volatility level suggests that BTC may undergo a drastic ...

Bitcoin (BTC) price ranges showed a Bollinger Band width of under 0.95 this morning, the smallest band since 2016, according to Cointelegraph. The Bollinger Band measures price volatility, and while BTC prices have hovered in increasingly narrow ranges between 2019 and 2020, this morning’s record low volatility level suggests that BTC may undergo a drastic shift in the near future.

Regardless of whether BTC prices soar or plummet, investors are prepared for an upcoming volatility increase.

By Isaac Goluboff

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