BitcoinUpdated About diminishing volatility of BTC.
What people don't understand is that in previous cycles BTC moved away from 200ema/ma so much that there was enough room for it to drop as much as %80(approximately), now that's not the case... Measured from 69k top to 200ema, worst-case scenario %65 drop would make the bottom for bear market it also confluences with RSI levels..
Things change over time... Diminishing volatility with a higher market cap only supports this thesis.
Things change over time... Diminishing volatility with a higher market cap only supports this thesis.
Note
Measure it and see it for yourself.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.