Low Bitcoin Volatility Mirrors Late-2018 Activity – BeInCrypto

Notoriously volatile, Bitcoin

BUY NOW has seen a spate of stability over the past months. The realized volatility over the past 10 days has remained at just 16%.

This figure indicates that price fluctuations over the past 10 days have been less than 1% in either direction on any given day.

BTC Implied Volatility
BTCUSD Realized Volatility Chart by Skew.

Generally, lower volatility is considered an attractive quality for an asset. With Bitcoin often being hailed as ‘digital gold,’ and a safe haven asset, its erratic volatility tends to speak otherwise.

However, the current statistic is not entirely encouraging. The last time Bitcoin saw this level of stability was in November of 2018. Shortly after that time, Bitcoin lost nearly 50% of its value in the span of just over a month.

The store-of-value asset rhetoric has been relatively toned down recently with industry insiders like Tyler Winklevoss repudiating the claim. Additionally, Bitcoin’s lock-step with equities markets has made the claims of asset structure less tenable.

Nevertheless, volatility often falls short as a predictor of future price movements. With other markets in a state of flux, Bitcoin’s low volatility remains an anomaly.

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As a leading organization in blockchain and fintech news, BeInCrypto always makes every effort to adhere to a strict set of editorial policies and practice the highest level of journalistic standards. That being said, we always encourage and urge readers to conduct their own research in relation to any claims made in this article. This article is intended as news or presented for informational purposes only. The topic of the article and information provided could potentially impact the value of a digital asset or cryptocurrency but is never intended to do so. Likewise, the content of the article and information provided within is not intended to, and does not, present sufficient information for the purposes of making a financial decision or investment. This article is explicitly not intended to be financial advice, is not financial advice, and should not be construed as financial advice. The content and information provided in this article were not prepared by a certified financial professional. All readers should always conduct their own due diligence with a certified financial professional before making any investment decisions. The author of this article may, at the time of its writing, hold any amount of Bitcoin, cryptocurrency, other digital currency, or financial instruments — including but not limited to any that appear in the contents of this article.

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