Bitcoin's Parkinson Volatility Hits Historical Lows

in #bitcoin • 7 years ago

Trader's view

  • Bitcoin's historical 14-day Parkinson volatility hits historical lows in June 2018 in a one-year window - The market is basically taking a wait-and-see approach this month.
  • To some traders, Bitcoin may not appear volatile enough for intra-day short-swing trading.
  • Parkinson volatility is expected to go up when Bitcoin starts to break out from the US$6,000 bottleneck either in an upward or downward direction.


Data from CoinDesk

Legal Disclaimer:
This article is for general informational and educational purposes only. This article is not financial advice or any other kind of professional advice. This article does not constitute a solicitation of investment in any jurisdiction.

#parkinson #volatility #trading #direction
7 years ago in #bitcoin by
$0.00
    Reply 0