Bitcoin’s volatility evolution: From extreme swings to stable ground


17 Sep 2023 6:30 PM

Here's a look at Bitcoin's journey from wild price swings to newfound stability. Recent data reveals its tamed volatility with comparisons to stocks like NVIDIA and Tesla....

  • Bitcoin has not experienced a single day with volatility over 150% in the current halving cycle.
  • Despite slight declines, Bitcoin has maintained a price range of around $26,000.
  • The decreasing instances of extreme volatility following each halving event suggest that Bitcoin's volatility is now similar to that of NVIDIA or Tesla.
  • Recent data shows notable price volatility in the past few months, but these fluctuations have not persisted for extended durations.
  • On the daily timeframe, the Bollinger Band indicates some price volatility, but it has not been sustained over a long period.
  • Bitcoin's price has experienced slight declines but has managed to hold around the $26,000 level.

The article provides a positive outlook on Bitcoin's volatility, highlighting the decreasing instances of extreme volatility and the ability to maintain a price range despite slight declines.

Go to publisher site

You May Ask

Has Bitcoin experienced extreme volatility in the current halving cycle?What is the price range that Bitcoin has maintained despite slight declines?How does Bitcoin's volatility compare to conventional assets like NVIDIA or Tesla?What is the recent data showing about Bitcoin's price volatility?What is the current price of Bitcoin and how has it been performing recently?

Suggested Reads