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#bitcoin 10 days realized volatility = 16%
It means bitcoin moved less than 1% up or down on average over the last ten days.
Last time this happened in November 2018, bitcoin sold off nearly 50% thereafter. pic.twitter.com/0uFNuDlR4m
— skew (@skewdotcom) July 20, 2020
(Bitcoin stays at $9200 for next 10 years)
“Nice! Just as I intended. Now just use it for commerce on the internet. That’s what it’s for. Haha what? You expected it to go up forever? You know that’s impossible, right?”
- Satoshi, sipping on a pina colada in Bali
— so-called nic carter (@nic__carter) July 19, 2020
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.