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

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

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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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