Bitcoin (BTC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Digital Money has increased 0.27% to $24731.41.
InvestorsObserver is giving Bitcoin a 13 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin!
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
BTC’s low volatility reading comes 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 in a good position going forward. With support set at $24006.28 and resistance at $25281.98. This positions Bitcoin with room to run before facing selling pressures.