Incoming Bitcoin Volatility Squeeze Likely To Ignite Bullish Tornado

Incoming Bitcoin Volatility Squeeze Likely To Ignite Bullish Tornado
фото показано с : zycrypto.com

2021-7-15 18:00

A volatility squeeze usually takes place when the volatility of an asset drops below its recent levels, causing the asset to enter a period of consolidation.

Bitcoin is about to get greener

As of today, analyst William Clemente confirms that Bitcoin is entering its first major volatility squeeze, following the last one in April that pushed prices below their all-time high, and triggered the bull rally in July of 2020. According to the analyst, this is a rare occurrence that essentially signals a brewing bull market for Bitcoin. As he is quoted saying “all it means is a big move coming.”

BTCUSD Chart By TradingView

Popular Crypto Trader ZeroHedge also shares Clemente’s assertion, writing; “William beat me to it!We’re officially in a volatility squeeze ladies & gentlemen”.

The volatility squeeze pattern surfaced not long after analysts pointed out that Bitcoin was imitating the technical analysis approach which is known as the Wyckoff accumulation semantics. Essentially, analysts had expected that Bitcoin hits $50,000 in the near term if it successfully follows through the fourth phase of the accumulation, but ZeroHedge is convinced that Wyckoff has “broken perfect structure on Bitcoin,” implying that that chapter is done.

Mixed Sentiments wrap crypto market, but bulls remain confident

Generally, the sentiments are mixed, but they are mostly bullish. Even with the FUD’s pronounced presence in the market, investors like Lark Davis maintain that the fears are no different from the usual. He puts his faith in the long term possibilities, saying;

“The same people who said Bitcoin would never reach a new high throughout 2018, 2019, and 2020 are the same ones saying that BTC will never reach a new ATH again. We’re going 6 digits, only question is when.”

On the not-so-bullish side, crypto trader and analyst “RektCapital” observers a possible downtrend, should Bitcoin fail to close above $34,600 this week.

His tweet reads ; 

“Despite the recent rebound, BTC  is still threatening to lose its multi-month Higher Low. BTC needs to Weekly Close above ~$34600 to secure this Higher Low as support for an 8th week in a row”

In the on-chain scenes, it was last recorded that whales have resumed stacking. In usual Bitcoin fashion, demand could skyrocket any second now, and the result could be Bitcoin hitting fresh highs, or retesting previous highs at least.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Inverse Bitcoin Volatility Token (IBVOL) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 8561.89 (-100%)

volatility bitcoin squeeze asset clemente confirms analyst

Источник: zycrypto.com

volatility bitcoin → Результатов: 126


Don’t be fooled by Bitcoin’s recent calm, volatility is coming: Opinion

Key Takeaways Bitcoin has been tightly range-bound for last month, its 10% fall this week its biggest move since the banking crisis Dan Ashmore, our Head of Research, warns that volatility will return before long Over 50% of stablecoins have left exchanges and orderbooks are thin, he writes, meaning there is less needed to move […] The post Don’t be fooled by Bitcoin’s recent calm, volatility is coming: Opinion appeared first on CoinJournal.

2023-4-25 13:40


Opinion: Volatility lowest since January, but until it drops further, Bitcoin serves no purpose

Bitcoin’s volatility is a massive problem, writes our head of research, Dan Ashmore The volatility is the lowest since January, but that doesn’t provide much solace with regards to Bitcoin’s actual utility For Bitcoin to deliver on its potential, it needs to become boring, with volatility closer to gold’s famously steady return profile It’s relatively calm in […] The post Opinion: Volatility lowest since January, but until it drops further, Bitcoin serves no purpose appeared first on CoinJournal.

2023-4-19 14:53


Фото:

Bank Of England Warns Increased Risk-Taking Has Manifested In The Price Volatility Of Bitcoin, Ethereum

The rapid price appreciation of Bitcoin, Ethereum, and other crypto-assets is enough evidence that many investors are willing to take more investment risks. Bank of England published a report on the country’s financial stability noting that the increased risk appetite in crypto assets has also caused their high volatility. The fact that many institutions want […]

2021-7-15 17:37


Bitcoin Intraday Volatility Explodes, But Historically Is Only Just Getting Started

Bitcoin price is now once again trading around $20,000 and with it has brought about a surge in intraday volatility that the cryptocurrency market has yet to experience. However, according to a volatility measuring tool, this trend is only just beginning and will result in an explosive ride to the next bull market peak. Here’s […]

2020-12-2 18:44


Фото:

Why Decoupling Is Bitcoin’s Only Chance At Making Significant Growth

Bitcoin’s incapability to make a significant price breakout has been credited to a lot of factors birthing volatility. BTC’s correlation to the stock market is a major indicator that the dominant cryptocurrency is about to get hit with intense volatility, this is according to the cryptocurrency analytics platform, Weiss Crypto Ratings. In a similar report, […]

2020-10-22 12:11


Фото:

Bitcoin’s Implied Volatility Craters as Traders Eye Technical Weakness

Bitcoin’s implied volatility has been caught within a consistent downtrend throughout the past several weeks This comes as global instability mounts and as BTC’s mining rewards halving fast approaches Following the massive volatility seen in mid-March when the cryptocurrency declined from roughly $8,000 to lows of $3,800 in an unprecedented movement, Bitcoin’s implied volatility has been consistently declining.

2020-4-21 02:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Price Takes a Sharp Dip: Is This Just a Correction?

Bitcoin price is correcting gains from the $73,500 zone. BTC is back below the $70,000 level and showing a few bearish signs. Bitcoin started a fresh decline from the $73,500 zone. The price is trading below $71,500 and the 100 hourly Simple moving average.

Bitcoin Price Nears All-Time High: Can It Push Past the Mark?

Bitcoin price is rallying above the $72,000 zone. BTC is up over 5% and it could soon aim for a new all-time high above $73,500. Bitcoin started a fresh increase above the $70,000 zone. The price is trading above $70,500 and the 100 hourly Simple moving average.

Bitcoin Price Rallies Above $70K: Is a New High Within Reach?

Bitcoin price is rallying above the $70,000 zone. BTC is up over 5% and it could soon aim for a move above the $72,000 resistance zone. Bitcoin started a fresh increase above the $68,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average.

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average.

Bitcoin Price Eyes Further Gains: Can It Keep Climbing?

Bitcoin price is attempting a fresh increase above the $37,000 zone. BTC could gain pace if it clears the $68,800 resistance zone. Bitcoin started a fresh increase from the $65,200 zone. The price is trading above $67,500 and the 100 hourly Simple moving average.

Bitcoin Price Could Reignite Uptrend: Is a New Surge Coming?

Bitcoin price tested the $65,200 zone before the bulls appeared. BTC is now rising and aiming for more upsides above the $67,500 resistance. Bitcoin extended losses and tested the $65,200 zone. The price is trading below $67,500 and the 100 hourly Simple moving average.