{"id":535512,"date":"2023-01-05T11:24:28","date_gmt":"2023-01-05T08:24:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/big-move-brewing-for-btc-price-bitcoin-may-stay-flat-hints-analyst\/"},"modified":"2023-01-05T11:24:28","modified_gmt":"2023-01-05T08:24:28","slug":"big-move-brewing-for-btc-price-bitcoin-may-stay-flat-hints-analyst","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/big-move-brewing-for-btc-price-bitcoin-may-stay-flat-hints-analyst\/","title":{"rendered":"# &#8216;Big move brewing&#8217; for BTC price? Bitcoin may stay flat, hints analyst"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3555a4f02e9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3555a4f02e9\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/big-move-brewing-for-btc-price-bitcoin-may-stay-flat-hints-analyst\/#%E2%80%9D_%E2%80%98Big_move_brewing_for_BTC_price_Bitcoin_may_stay_flat_hints_analyst_%E2%80%9C\" >&#8221; &#8216;Big move brewing&#8217; for BTC price? Bitcoin may stay flat, hints analyst &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/big-move-brewing-for-btc-price-bitcoin-may-stay-flat-hints-analyst\/#Volatility_far_from_guaranteed\" >Volatility far from guaranteed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/big-move-brewing-for-btc-price-bitcoin-may-stay-flat-hints-analyst\/#Bullish_Bitcoin_takes_lacking\" >Bullish Bitcoin takes lacking<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_%E2%80%98Big_move_brewing_for_BTC_price_Bitcoin_may_stay_flat_hints_analyst_%E2%80%9C\"><\/span>&#8221; &#8216;Big move brewing&#8217; for BTC price? Bitcoin may stay flat, hints analyst &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-6ed77c39>Bitcoin (BTC) traders are desperate for fresh BTC price volatility, but opinions are diverging on when it will come.<\/p>\n<p>BTC\/USD is currently seeing some of the least volatile conditions in its history, price metrics show.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Volatility_far_from_guaranteed\"><\/span>Volatility far from guaranteed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Since the FTX crisis, Bitcoin has settled into a historically narrow trading range which refuses to budge.<\/p>\n<p>Despite macro triggers, low-volume holiday trading and a yearly candle close, BTC price action has stuck rigidly to a zone focused on $17,000.<\/p>\n<p>This is the least volatile period in the history of the Bitcoin historical volatility index (BVOL), and other data likewise shows that such sideways behavior is extremely rare.<\/p>\n<p>Two months after FTX, traders and analysts alike are hotly debating when the breakout will come for BTC\/USD \u2014 and in which direction it will go.<\/p>\n<p>\u201cA big move is brewing for Bitcoin,\u201d Charles Edwards, founder and CEO of asset manager Capriole Investments, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/caprioleio\/status\/1610794725942112256\">stated<\/a> on Jan. 5. <\/p>\n<blockquote><p>\u201cBitcoin is currently trading at a major low in volatility. <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a>ly, when Bitcoin breaks out of extremely low volatility, the ensuing trend tends to last. Don\u2019t fight the trend on the next major move.\u201d<\/p><\/blockquote>\n<p>An accompanying chart showed the 30-day annualized standard deviation of Bitcoin volatility, this now at lows seen only a handful of times in the past five years.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/8739377a-eee3-41f7-9d83-6d8511753b77.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD annotated chart. Source: Charles Edwards\/ <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a><\/em><\/figcaption><\/figure>\n<p>Equally convinced that the status quo will break is \u201cWolf of All Streets\u201d podcast host Scott Melker, who this week <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/scottmelker\/status\/1610632262378209280\">flagged<\/a> what he described as the \u201ctightest\u201d Bollinger Bands he had ever seen on the daily Bitcoin chart.<\/p>\n<p>Bollinger bands are a classic volatility indicator in action since the 1980s. They likewise use standard deviation to determine upper and lower bounds of price action within a defined period. Multiple use cases arise, including the ability to assess comparatively volatile or nonvolatile price action, as well as associated entry and exit points.<\/p>\n<p>Currently, the two bands are \u201csqueezed\u201d around the central moving average on BTC\/USD, data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">TradingView<\/a>\u00a0shows,\u00a0leading to assumptions that volatility should now ensue.<\/p>\n<p>For creator John Bollinger, however, the length of the squeeze is not necessarily pertinent to the timing or strength of future volatility.<\/p>\n<p>\u201cIn my experience prolonged Squeezes are rarely valuable signals. I prefer Squeeze and Go!\u201d he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/bbands\/status\/1610700422829965312\">responded<\/a> to Melker.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/e7c66c11-9d67-439b-aeda-aae5103daec5.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-day candle chart (Bitstamp) with Bollinger bands. Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Bullish_Bitcoin_takes_lacking\"><\/span>Bullish Bitcoin takes lacking<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As Cointelegraph reported, meanwhile, there is no shortage of bearish BTC price predictions in force at the start of 2023.<\/p>\n<p><strong><em>Related:\u00a0$16.8K Bitcoin now trades further below this key trendline than ever<\/em><\/strong><\/p>\n<p>Various warnings have cautioned hodlers over what may be to come, these including a drop to $10,000 or even lower in Q1.<\/p>\n<p>Hopes of upside are comparatively muted as analysts look to see what will h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en with United States macroeconomic policy and its influence on risk assets.<\/p>\n<p class=\"post-content__disclaimer\">The views, thoughts and opinions expressed here are the authors\u2019 alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/big-move-brewing-for-btc-price-bitcoin-may-stay-flat-hints-analyst\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; &#8216;Big move brewing&#8217; for BTC price? Bitcoin may stay flat, hints analyst &#8220; Bitcoin (BTC) traders are desperate for fresh BTC price volatility, but opinions are diverging on when it will come. BTC\/USD is currently seeing some of the least volatile conditions in its history, price metrics show. Volatility far from guaranteed Since the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":535513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/140a0f3e-d841-452e-98cb-6eb7d936a919.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785],"class_list":["post-535512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/535512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=535512"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/535512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/535513"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=535512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=535512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=535512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}