Bitcoin on-chain and options data hint at a decisive move in BTC price
According to Glassnode, the expectation of volatility is a “logical conclusion” based on the fact that low volatility levels were just seen for 19.3% of Bitcoins rate history. The latest weekly update from the on-chain analytics company shows that Glassnodes regular monthly recognized volatility metric for Bitcoin slipped listed below the lower bounds of the historical Bollinger Band, suggesting an incoming uptick in volatility.Bolinger Bands for Bitcoin month-to-month realized volatility metric. The experts expect a bout of volatility to reach a stability level, where the market moves primarily due to the accumulation or circulation of long-lasting holder supply.Options markets declare traders expectation of volatility The options market information indicates a comparable theory about impending volatility. Source: BitfinexImplied volatility in options refers to the markets expectation of the future volatility of the underlying property, as reflected in the costs of options.
According to Glassnode, the expectation of volatility is a “sensible conclusion” based on the reality that low volatility levels were only seen for 19.3% of Bitcoins rate history. The latest weekly upgrade from the on-chain analytics firm shows that Glassnodes monthly realized volatility metric for Bitcoin slipped listed below the lower bounds of the historical Bollinger Band, suggesting an inbound uptick in volatility.Bolinger Bands for Bitcoin month-to-month recognized volatility metric. The analysts expect a bout of volatility to reach a stability level, where the market moves primarily due to the build-up or distribution of long-lasting holder supply.Options markets reaffirm traders expectation of volatility The choices market information suggests a similar theory about impending volatility.
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