Bitcoin Volatility is Dying Fast; BTC Plunged 50% From $6,500 in Last Free Fall

In the last 72 hours, the cryptocurrency market has been relatively stable at $ 111 billion as the Bitcoin price initiated no major movement. Bitcoin has struggled to break out of key resistance levels or drop below crucial support levels, demonstrating a stalemate for well over three weeks. Since January, Bitcoin has remained in a low range between $ 3,200 to $ 4,000, unable to engage in any meaningful short-term price movement. Bitcoin Volatility Dropping May Mean Bad News The volatility of Bitcoin has dropped significantly since mid-January as the dominant cryptocurrency showed stability in a tight range in the low region of

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Bitcoin is currently back at transaction levels of last year. After the dip of TXs alongside the price, it has been a steady increase throughout 2018. Value is exchanging hands. While price is consolidating, activity is growing fast. This is divergence.

Bitcoin is currently back at transaction levels of last year. After the dip of TXs alongside the price, it has been a steady increase throughout 2018. Value is exchanging hands. While price is consolidating, activity is growing fast. This is divergence. submitted by /u/Smilinmong
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