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via CoinDesk · By CoinDesk Staff

Trace Mayer says bitcoin’s (BTC) falling volatility signals institutional maturity, not weakness

BTC

BTC/USDT

$80,084.00

+0.62%

$80,084.00

+0.62%

(24s)

24h Volume

$6,408,173,984.62

24h H/L

$80,200.00 / $79,383.00

Change: $817.00 (1.03%)

Long/Short

53.3%

Long: 53.3%Short: 46.7%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,926.58

▲ 0.33%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,810.13

Price$79,926.58

Support 1$79,916.17

Support 2$78,324.21

Support 3$76,182.96

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.0

CoinDesk Staff

(01:00 PM UTC)

1 min read

Updated byMichael Roberts

0 comments

Bitcoin's wild days are over — and Trace Mayer says that's a good thing

The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.

Bitcoin’s BTC$73,834.94 trademark volatility was for years treated as both its greatest feature and its biggest flaw. Recently, that roller coaster has quieted into something resembling a…

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Source

CoinDesk Staff · CoinDesk

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