• Shop
  • Login
TECHNUTO
  • Home
  • News
  • Finance
    • Markets
    • Cryptocurrency
  • Tech
  • Entertainment
  • How to
  • Hot Deals
  • Lifestyle
  • Videos
  • More
    • About Us
    • Contact Us
    • Privacy Policy
    • Advertise
No Result
View All Result
  • Home
  • News
  • Finance
    • Markets
    • Cryptocurrency
  • Tech
  • Entertainment
  • How to
  • Hot Deals
  • Lifestyle
  • Videos
  • More
    • About Us
    • Contact Us
    • Privacy Policy
    • Advertise
No Result
View All Result
TECHNUTO
No Result
View All Result
Home Finance Cryptocurrency

Bitcoin (BTC): Should we expect a sudden move?

Nitish Shevkani by Nitish Shevkani
November 4, 2022
in Cryptocurrency, Finance
0
Bitcoin BTC Should we expect a sudden move - Technuto
33
SHARES
ShareShareShareShare

Bitcoin (BTC): Should we expect a sudden move?

Lately, crypto traders have mainly three phrases on their lips. They talk about “volatility,” “bond prices” and a “sharp move” ahead in the bitcoin (BTC) market. Analysts and Bitcoin traders agree that a storm is brewing because BTC’s volatility is unusually low. Is the calm that is being observed in the Bitcoin (BTC) market really a harbinger of a sudden move?

Towards a market bottom or a decoupling from the equity markets?

According to analysts and traders, there is bound to be a sign behind the recent stability of the bitcoin (BTC) price. The evolution of the BTC price could presage a sudden movement in the market. Indeed, the current situation could lead to a bottom in the Bitcoin market. The evolution of the crypto price also perhaps signals a break in its correlation with the equity markets.

LUNC: Why could the price of Luna Classic drop further?

“In recent weeks, bitcoin prices have experienced an unusually low degree of volatility, in stark contrast to the equity, credit and currency markets, where central bank rate hikes, inflation, and a strong U.S. dollar continue to take their toll,” the letter read.

how to invest in cryptocurrency, how to trade buy cryptocurrencies- Technuto

Meanwhile, research firm Delphi Digital said that a “big move” in the BTC market is to be expected. It used the Bollinger Band Width Percentage (BBWP) to make this statement. The BBWP happens to be a derivative of the Bollinger Band indicator. In addition, it is based on volatility. Delphi Digital explained that historically “BBWP readings above 90 or below 5 have marked major tipping points.”

New! 4 WAYS to EARN PASSIVE INCOME with Crypto!

Indeed, since the second quarter of 2017, such readings have resulted in either a 204% rise or a -51% drop in crypto. But, it should be noted that currently, the BBWP has not yet dipped below 5. Moreover, it is too early to say, with certainty, that BTC will break its correlation with the equity markets.

For the past 120 days, bitcoin (BTC) has been trading between about $18,500 and $24,500. Currently, no one can determine where the crypto price will go once volatility peaks. However, it is best to be prepared for a movement in the price of BTC.

Get a digest of the news in the crypto world by subscribing to our new daily and weekly newsletter service so you don’t miss any of the Cointribune essentials!


DISCLAIMER: The comments and opinions expressed in this article are the sole responsibility of their author, and should not be considered investment advice. Do your own research before making any investment decision.
Previous Post

How to EARN MONEY By LIKING YouTube Videos?

Next Post

Google Pixel 7 Pro Review: The Best Refined Flagship Phone!

Nitish Shevkani

Nitish Shevkani

Related Posts

Crypto News Alerts | Global Regulation on crypto on the way?
Cryptocurrency

Is a global regulation on cryptocurrencies on the way?

by Nitish Shevkani
December 4, 2022
This is the Next Cryptocurrency to Explode 2023
Cryptocurrency

This is the Next Cryptocurrency to Explode!

by Nitish Shevkani
November 16, 2022
LUNC - Why could the price of Luna Classic drop further - Technuto
Cryptocurrency

LUNC: Why could the price of Luna Classic drop further?

by Nitish Shevkani
November 4, 2022
Top 10 Best STOCKS to Buy Now For Long Term -Technuto
Finance

Top 10 Best STOCKS to Buy Now For Long Term!

by Nitish Shevkani
December 25, 2022
Crypto Airdrop: What is Crypto Airdrop? (GUIDE) - Technuto
Cryptocurrency

Crypto Airdrop: What is Crypto Airdrop & how does it work? (GUIDE)

by Nitish Shevkani
November 4, 2022
Next Post
Google Pixel 7 Pro Review - The Best Refined Flagship Phone

Google Pixel 7 Pro Review: The Best Refined Flagship Phone!

iPad Pro 2022 Review Everything You Need To Know

iPad Pro (2022) Review: Everything You Need To Know!

How to Fix Instagram Collaboration Problem

How to Fix Instagram Collaboration Problem?

March 25, 2023
new instagram update

New Instagram Updates and Features in 2023 [UPDATED]

March 20, 2023
Panipuri Recipe - How to make panipuri water - Full Guide

Panipuri Recipe | How to make Panipuri?

January 22, 2023

Technuto

Stay updated with Latest News, Tech, Finance, Crypto, Lifestyle, and Entertainment Website—and we cover all real stories, tech & more.

Recent Posts

  • How to Fix Instagram Collaboration Problem?
  • New Instagram Updates and Features in 2023 [UPDATED]
  • Panipuri Recipe | How to make Panipuri?
  • How to Earn 15$ Per Tweet? – Write And Get Paid Instantly

Tweets

© 2020 Technuto - All Rights Reserved.

No Result
View All Result
  • News
  • Finance
    • Markets
    • Cryptocurrency
  • Tech
  • Entertainment
  • How to
  • Lifestyle
  • Videos
  • Hot Deals

© 2020 Technuto - All Rights Reserved.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?