BREAKING
301d 22h ago

Bitcoin’s Volatility Drops to 2.90%: What It Means for Speculative Trading and Market Stability

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to recent data from Coinglass, as of April 14th, Bitcoin’s volatility has seen a notable reduction, now resting at 2.90%. This decreased volatility typically signals a shift away from speculative trading and diminished retail FOMO (Fear of Missing Out). The decline indicates a potential consolidation phase for Bitcoin, suggesting that the market is entering a period of relative stability. Furthermore, Bitcoin’s price movements often reflect wider macroeconomic conditions, such as shifting inflation expectations and interest rate adjustments. When these external variables remain stable, Bitcoin tends to experience lower price variability. This phenomenon indicates a maturation in the market, as traders adopt a more cautious approach during times of reduced volatility.

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