Post
Topic
Board Speculation
Re: Bitcoin period of volatility is over?
by
timerland
on 15/12/2017, 23:12:34 UTC
I'm looking at Bitcoin charts for the past few days and it looks like a straight flat line. I'm not sure whether to feel happy or sad about this but could this possibly be related to the fact that we now have bitcoin futures? Does this mean bitcoin volatility will be less?

It's not going to stay this stable for long.

Right now the price goes without saying is extremely stable for the past week or so, mainly floating around $16-17k. So not really a lot there for the traders for the past week, mostly sideways movement and when a pump comes it is suppressed by a dump, and vice versa.

I think this will change. Especially after the new year, this stability will cease and we'll probably go on another huge run to at least $25k or potentially even more. Then it'll be up to the market to decide whether they want to dump or keep this rally going.