Bitcoin volatility is declining on schedule but BTC price action could still “play catch up” with gold this year. (Reporting via WilliamSuberg)
An accompanying chart of Bitcoin average one-month realized volatility distribution came with a description of BTC being “deep in a bear market.”
The data showed volatility ebbing at identical points in every four-year halving cycle, making 2022 firmly fit the trend of volatility decreasing more in each bear market year.Ecoinometrics nonetheless noted thatBitcoin historical volatility index 1-week candle chart. Source: TradingViewIn terms of triggers which could upend the status quo in volatility, investors may not need to look far.In addition to the return of TradFi volume on Jan.
“2023 will be one of the best yet for precious metals imo, will Bitcoin play catch up?” popular Twitter account TedtalksmacroComparing the two assets shows the impact of the FTX meltdown in November enduring for Bitcoin, while gold has seen a comparative renaissance. Until then, the two were in lockstep, data from
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