Quote from: gunhell16 on Today at 03:53:29 AM

Quote from: joker1313 on August 28, 2023, 03:42:18 AM

So i've been a trader since early 2017 and i have never seen such low volatility in market. Even at the time of 2018 bear run the things were quite slow but this time its totally different. It makes a move and consolidates for like a month or two now. Which was never the case in past.

Its possible that only i feel like that and other people still see it like the normal bitcoin trend. But there was fun every week in crypto before.

What do you guys think ?? Is it just me or some of you others feel the same??

And if it is like that then what do you all think when the wild ride start again like old days ??

Based on my personal observations, when there is a good news update in crypto today, suddenly there will be a pump in Bitcoin. When there is negative news in cryptocurrency, its value will dump in the market. In short, when this is the case, the use of technical analysis will be irrelevant or useless.

It also means that it is very difficult to read the volatility that is happening right now in the price of Bitcoin. Right now, the only good strategy I can see when the price drops is to take advantage and buy, then just hold. The resistance is also difficult to read; it seems that the tools will not be useful to make money because that is what happens in the market.

It's true that investors are quite tricky these days. The market does not move the way it used to in the past. A massive change in investors that has been observed between the earlier and the present period. Because of which there has been a huge change in the volatility of the crypto market. One of the main attractions of the crypto market is its volatility. Some believe that since it is staying in a stable price soon we are going to see a bullish move in the crypto market that has not been seen in the past, despite the recent stagnation in its price.