Bitcoin (BTC) has been relatively less volatile compared to the crypto market. So far Sunday, the Digital Money has gained 0.12% to $26944.99.
InvestorsObserver is giving Bitcoin a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin!
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
BTC’s low volatility reading is coupled 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 near resistance. With support set at $26828.52 and resistance set at $26982.93. This positions Bitcoin with potential selling pressures ahead as it may be getting over extended.
