Bitcoin 2 (BTC2) has been relatively more volatile compared to the crypto market. So far Thursday, the Digital Money has fallen 26.21% to $0.4169030581.
InvestorsObserver is giving Bitcoin 2 a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin 2!
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BTC2’s high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Bitcoin 2 price is favorably positioned going forward. With support set at $0.229502050916688 and resistance near $0.501831560174959. This positions Bitcoin 2 with room to run before facing selling pressures.
