The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. It also does not guarantee that this information is of a timely nature.
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FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. You should do your own thorough research before making any investment decisions. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. Information on these pages contains forward-looking statements that involve risks and uncertainties. In the following video, our analysts deep dive into the price action of Bitcoin, analyzing key levels of interest in the market. Thus a sideline approach may be justified for weeks until a substantial cue presents itself. The BVIN shows declining volatility in net and cumulative volume, displayed by a steadily decreasing 50-day exponential moving average (EMA). An On-Chain analysis indicator called the Bitcoin Volatility Index (BVIN) confounds the unpredictability that continues to plague. Turbulent behavior in Bitcoin price could signal disinterest amongst short-term bulls and bears alike. Traders may continue to sideline their accounts in the coming days as the technicals suggest a wedging pattern is likely underway. The peer-to-peer digital currency has been experiencing erratic behavior since it hurdled the $21,000 barrier towards the end of July. Bitcoin price shows turbulenceīitcoin price has halted all bullish production. Market dominance may be dished off to Ethereum and Ripple in the coming weeks. The Crypto market shows a shift in the tides. Ripple price shows contrarian bullish signals.Ethereum continues to show strength in the market but for how long?.According to the Bitcoin Volatility Index, the bitcoin price remains submerged in terms of trading interest.
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