Cryptocurrency Q&A
How long has bitcoin been in the mid-range for volatility?
How long has bitcoin been in the mid-range for volatility?
emma_grayson_journalist
Tue Jul 09 2024
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8 answers
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Could you elaborate on the duration of Bitcoin's volatility being in the mid-range? It seems the market has been experiencing relatively stable price fluctuations for some time now, and I'm curious to know if this is a temporary trend or a longer-term pattern. Understanding the length of this stability period may provide valuable insights into Bitcoin's future price movements and market sentiment. What are the factors that are contributing to this mid-range volatility, and how do experts predict it will evolve in the coming months and years?
8 answers
CryptoLegend
Thu Jul 11 2024
The duration of bitcoin's price cycles varied significantly in recent years.
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Maria
Thu Jul 11 2024
From 2016 to 2018, these cycles extended to longer periods.
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Martino
Thu Jul 11 2024
However, in 2019, the cycles reverted to shorter durations.
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Martina
Wed Jul 10 2024
As of the weekend, bitcoin's volatility was hovering slightly above 50%.
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Margherita
Wed Jul 10 2024
This period of heightened volatility culminated on March 13th.
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