Bitcoin (BTC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Digital Money has declined 3.67% to $25674.96.
InvestorsObserver is giving Bitcoin a 16 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin!
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
BTC’s low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Bitcoin price is trading above resistance. With support at $25146.81 and resistance set at $25577.79. This positions Bitcoin out of range and potentially in a volatile position if the rally burns out.
