Bitcoin: volatility indicator hints for bearish caution

in #bitcoin8 years ago

Credit to DataDash:

Key Points:

  • volatility trending low has previously preceded large sell-offs: See here
  • recent growth is tremendous, possibly requiring a market correction
  • ETH may be a long term play, insufficient volatility for short term swing
  • BCH may be a good option going into the Segwit2X fork
  • LTC down similar to many other altcoins
  • $200B market cap!
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I'm glad you posted the key points. It saved me having to go thorugh all the other stuff at the start thanking his subscribers.