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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

$64,284.81

-0.03%

$64,284.81

-0.03%

(24s)

24h Volume

$11,608,934,567.15

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

63.0%

Long: 63.0%Short: 37.0%

Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,300.00

▲ 1.56%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,444.00

Resistance 1$64,699.58

Price$64,300.00

Support 1$64,175.98

Support 2$61,895.10

Support 3$59,130.91

Pivot (PP):$64,145.17

Trend:Downtrend

RSI (14):42.1

CoinDesk Staff

(01:00 PM UTC)

1 min read

Updated byMichael Roberts

1121 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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