Bitcoin's volatility is expected to decline, signaling a maturation process and potential retracement period, according to Bloomberg analyst Mike McGlone.
Cryptocurrency traders are preparing for increased volatility in the market after bitcoin's recent plunge, as indicated by on-chain data showing a surge in implied volatility and adjustments in traders' strategies.
Bitcoin price is expected to face volatility following Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Symposium, with the cryptocurrency market reacting negatively to previous symposiums and a majority of officials favoring further interest rate hikes, potentially increasing the selling pressure on BTC.
In the latest episode of Market Talks, the future of BTC mining, the impact of the upcoming Bitcoin halving, and the ability for miners to hedge their operations with hash rate derivatives are discussed, with predictions that Bitcoin's volatility will decrease over time and the market will experience macro headwinds and potential new lows in the next six months.
Bitcoin remains on track for a massive bull cycle despite recent price decline, as indicated by broader indicators of its price patterns and the use of logarithmic growth curves. The 200-week moving average is seen as less significant as a key price support level for Bitcoin, and the analyst is also looking for an entry point for Ethereum.
Bitcoin experienced a dip in price after the U.S. Federal Reserve Chair hinted at the possibility of an interest rate hike, but an on-chain indicator suggests that Bitcoin is undervalued and presents a good opportunity for long positions in the coming week.
Former Goldman Sachs executive Raoul Pal believes that Bitcoin may be on the verge of a massive rally, based on the historical volatility of the cryptocurrency dropping below 20, a level that has preceded significant price increases in the past. Pal also notes that Bitcoin's Bollinger Bands, a volatility indicator, are the tightest they have ever been, further indicating the potential for a strong upward movement. Ethereum is also highlighted as trading within a bullish pattern despite recent market corrections.
Bitcoin, the first leading cryptocurrency, has been the top-performing asset over the past decade and offers a hedge against inflation and potential diversification benefits for portfolios.
Bitcoin and other cryptocurrencies are experiencing a decline as analysts predict further decreases ahead.
Bitcoin (BTC) remains near a key long-term trendline as the U.S. dollar strengthens, with market participants predicting further downside for BTC and altcoins.
The crypto market is expected to experience increased volatility due to economic events such as the downward revision of economic growth forecasts for the eurozone and the looming FTX liquidation, as well as the release of crucial inflation data in the US.
The recent increase in interest rates has impacted the price of bitcoin, with factors like opportunity cost, risk sentiment, and inflation expectations playing a role.
Bitcoin and other cryptocurrencies experienced fluctuations following the release of U.S. inflation data, signaling a potential impact of higher interest rates on digital currencies.
Crypto veteran Arthur Hayes believes that Bitcoin (BTC) can rise in price regardless of the U.S. Federal Reserve's decision on interest rates due to the government's continued spending and the shift towards hard financial assets.
Bitcoin has gained 8% since the appearance of the death cross pattern on its daily chart, with traders predicting that the Federal Reserve will keep interest rates unchanged for the rest of the year.
The positive momentum surrounding Bitcoin's price is fueled by expectations that the Federal Reserve will not hike rates again this year, while market participants remain optimistic despite the strength of the United States Dollar Index.
Bitcoin is expected to mimic its previous rally and potentially see significant gains in the near future, according to crypto strategist Credible Crypto, who points to a bullish engulfing candle pattern and the defense of a key support level as positive signs for BTC's upward momentum.
Bitcoin and other cryptocurrencies experienced a rise in value as traders made bullish bets in anticipation of the Federal Reserve's interest rate decision, though this surge may be premature.
A 0% interest rate increase by the Federal Reserve is expected to be bullish for Bitcoin, as historically BTC's price has correlated with risk equities and central bank policy.
Bitcoin and stocks are currently showing a high correlation, suggesting that Bitcoin prices are influenced by the same investor psychology and economic trends as stocks, making it important for investors to focus on these trends rather than traditional factors like inflation and uncertainty.
Bitcoin and other cryptocurrencies experienced a decline after the Federal Reserve decided not to raise interest rates, suggesting that significant gains may not be anticipated in the near future.
The reduced volatility in the US Treasury market has supported risk assets like cryptocurrencies and stocks, with the MOVE index falling to its lowest level since the Fed began raising rates, providing a positive outcome for assets such as bitcoin.
Bitcoin (BTC) price remains stable as investors continue to accumulate, while the composition of BTC investors is shifting towards long-term holders and away from short-term speculators.
Bitcoin (BTC) reached new weekly highs as markets anticipated news from the US Federal Reserve, with BTC reacting positively to US macroeconomic data and approaching the $27,000 mark, while traders remained cautious about potential volatility and resistance levels.
Fidelity Investments' global macro director believes that a recession could lead to a significant rally for Bitcoin, with the potential for prices to reach $96,210 by the end of 2025 if interest rates decline. He also suggests that Bitcoin's correlation with equities has decreased, making it a potential source of uncorrelated returns in the next market cycle.
Bitcoin's volatility has been declining since April, raising questions about whether this lower volatility is the new norm or the calm before a major spike in value, with its future price trajectory heavily dependent on this metric.
Bitcoin's price is increasing despite a mixed market for cryptocurrencies and spiking bond yields.
Bitcoin could face difficulties in the long term due to tightening liquidity in the current macroeconomic environment, according to crypto analyst Nicholas Merten. Merten believes that Bitcoin's price is heavily influenced by monetary policy and warns that if sentiment turns bearish, investors may start cashing out.
Bitcoin (BTC) experienced decreased volatility as it struggled to push past the $28,000 mark and faced concerns from market participants over potential losses to come.
Bitcoin's price experienced volatility and dropped 2.1% after strong US employment data dampened expectations of further Federal Reserve counterinflation measures, but rebounded with $27,700 back in focus; Bitcoin open interest also declined.
A spike in interest rates has negatively impacted stocks and bonds, but Bitcoin may continue to rise regardless of the rate changes.
Bitcoin remains steady at $28,000 amidst geopolitical instability, but as markets react to the war in Israel, volatility may increase, especially with upcoming macroeconomic triggers and on-chain metrics suggesting interesting times ahead for BTC price.
Bitcoin (BTC) remains stable as U.S. inflation data surpasses expectations, leading to uncertainty in monetary policy and the Federal Reserve's ability to cut interest rates; market participants are cautious about a potential upside for BTC in the short term.
Bitcoin and the broader crypto market are down following the U.S. Consumer Price Index (CPI) report, which showed slowing inflation, with experts noting that investors are increasingly viewing Bitcoin as a safe-haven asset and CPI figures are becoming less relevant for the crypto market.
Bitcoin, along with other major cryptocurrencies, has been impacted by the unstable U.S. fiscal situation and the potential collapse of the U.S. dollar, while Wall Street giants like BlackRock are poised to embrace bitcoin and revolutionize finance.
