Bitcoin price has become the calmest in eight months on Monday. The cryptocurrency’s volatility index has hit 0.08, a level the indicator last flashed in October 2019. A prolonged period of low volatility and sideways consolidation typically results in violent breakouts. Bitcoin’s price on Monday hit its lowest volatility levels in eight months. Readings on the cryptocurrency’s Bollinger Bands Width, a technical indicator that gauges an asset’s volatility from +2, -2 standard deviations of a […]
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