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Agbamoni
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October 05, 2023, 07:38:04 PM
 #41

Oh, I taught I was the only one who has observed the Bitcoin low volatility movement this year. I think this is not a good time for those who make decent money trading the volatility 24/7, perhaps they have adopted a new approach, better a DCA approach. The population of Bitcoin Holders is now greater than the population of Bitcoin traders.

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R100K-Martin-Lunger
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October 08, 2023, 04:45:31 PM
 #42

From my perspective, 2023 has shown a notable decrease in Bitcoin's volatility, signaling positive growth for this asset class. At the start of the year, Bitcoin was close to $23K and at the end of Sept it was at $27K+, which is pretty stable. This trend points toward a maturing and stabilizing Bitcoin market, instilling greater confidence in its long-term potential. Additionally, reduced volatility may pique the interest of institutional investors, further enhancing Bitcoin's adoption and credibility.

Although Bitcoin retains some degree of volatility, the decline in 2023 signifies a promising outlook for its future.
jeraldskie11
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October 08, 2023, 05:32:27 PM
 #43

I expect Bitcoin's volatility to decrease over time. It can be a good news to Bitcoin adoption since the establishments are the most concerned about the volatility of Bitcoin. But it may not be good news for novice investors who want to become multi-millionaires. However, even now Bitcoin is not very volatile, but now is the best time to buy because the price of Bitcoin has not continued to fall. Time will come that no one can dump the price of Bitcoin even institutions.

jrrsparkles
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October 08, 2023, 05:35:44 PM
Last edit: October 08, 2023, 05:53:18 PM by jrrsparkles
 #44

Volatility in the Bitcoin market shows the lowest result in the last 10 years:

Generally, the volatility of the asset will decrease when the asset value increases in terms of fiat value and it happened with Bitcoin too in my opinion.

Still, 20 or 30% is something unimaginable rate compared to the traditional assets and I guess it will decrease further when the BTC value rises over 100K, 200K, and at 1M point we may see the most stable value.









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October 08, 2023, 05:45:36 PM
 #45

2023 turned out to be a relatively calm year
The major reasons, for me, are that now people are more aware about what bitcoin is (especially that is not a scam) and with the incoming halving and possible ETFs approval it's actually a big risk selling bitcoin at this point. You can just hold for a few more months and see what happens, I would never sell at this particular time.
GbitG
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October 08, 2023, 09:22:41 PM
 #46

Volatility in the Bitcoin market shows the lowest result in the last 10 years:
Generally, if we see, the price movement of Bitcion has moved in a stable manner. By stable method, it means that Bitcoin is not doing much correction in terms of price like before. It just retests the resistance within the consolidation zone and comes to the support and pushes the support to test the resistance, and the price of Bitcoin is moving from the support of 24k to the resistance of 28.3k. And I think the low volatility of Bitcoin that has been seen is people's awareness about cryptocurrency, which means people are now getting an understanding of cryptocurrency and joining in the form of investment or trading. So this is the reason for the low volatility of Bitcoin in the current era. But we hope that the price will rise soon and break his resistance at 28.3k and move towards approximately 32k, or to go above and beyond. Besides that, Bitcoin halving is coming near, so it would be nice to see that Bitcoin created an all-time high across the previous one, which was 64.8k.

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