bitcoin

Bitcoin (BTC) Falls 0.02%, Underperforms the Crypto Market Monday – InvestorsObserver


Bitcoin (BTC) has been relatively less volatile compared to the crypto market. So far Monday, the Digital Money has lost 1.8% to $26117.77.

InvestorsObserver is giving Bitcoin a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin!

The Volatility Gauge analyzes meaning that one day won’t make or break its rank.

BTC’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Bitcoin price is trading near resistance. With support near $25679.32 and resistance near $26174.33. This leaves Bitcoin with potential selling pressures ahead as it may be getting over extended.



READ SOURCE

Readers Also Like:  ‘Bidenomics’ Agenda Struggles to Gain Support as Joe Biden’s Approval Ratings Plummet

This website uses cookies. By continuing to use this site, you accept our use of cookies.