Bitcoin has started to move away from $68,000 again, and the bearish break in altcoins seems to have ended. Trump will make statements at 21:30. There will be a second statement at night. So, what do experienced investors say about the current state of cryptocurrencies?
2020 and 2026 Cryptocurrencies
Discover Crypto shares its 12-month volatility metric and explains why the volatility is crazy these days. BTC After the last US elections, it is almost back to where it started, and the indicator is at quite low levels compared to the period of volatility before 2020.
“of Bitcoin Its 12-month volatility is at its lowest ever!
And you thought the recent fluctuations were crazy… Who was here before 2020?” – Discover Crypto
While 12-month volatility suggests we see more exciting days ahead, the historic buy signal is on again.
This indicator;
- 2018 bear market bottom.
- 2020 COVID crash.
- 2022 bear market bottom.
He said the same thing during. Now, if anything, it is one of the signals that feed investors’ hopes for a short-term bottom. But as Bitcoin strives to mature as a new type of asset, we can no longer expect indicators to work accurately. For example, the same indicator misled investors when it said there could be more to come about the summit. Now it is possible that the bottom indicated by this indicator will last longer than expected.
OP Coin
Michael Poppe is one of those who always looks to the future with hope and has been saying for years that “the rise will begin now”. Reaching 120 thousand dollars BTC He was greatly excited, but he was mistaken, and every cry for “return” failed. He is hopeful today too. OP Coin The analyst who shared his chart says there are “small bullish deviations”. He shares this as an example by saying “the same thing exists” in many altcoins.
“Interesting situation. Most charts show minor bullish divergences. This indicates that we will see momentum in #Altcoins in the coming period.
OP an example of this. According to the candlestick charts, there is a clear bullish divergence. “It’s not confirmed yet, but it could be a good sign.”
As inflation figures will be announced tomorrow, the pressure on cryptocurrencies is expected to continue. You should be prepared for the fluctuations that may occur in the coming hours.
