Order

Ethereum

Bitcoin

Momentum

Analysts at QCP Capital are predicting a significant increase in near-term volatility across major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). 
This prediction comes after QCP’s Volatility Momentum Indicator (VMI) came into play earlier today, suggesting that the market is poised for larger price moves in the coming days. 
“The VMI was triggered for both Bitcoin and Ethereum, suggesting that the market is entering a period of high volatility,” analysts wrote. The direction-independent signal does not predict the direction of price movements, but suggests that significant fluctuations are likely in the near future. 
Related News: <a href="https://en.bitcoinsistemi.com/breaking-after-sec-cftc-issues-an-order-against-an-altcoin/" target="_blank" rel="dofollow">BREAKING: After SEC, CFTC Issues an Order Against an Altcoin</a> 
In light of these developments, QCP Capital advised investors to consider adjusting their strategies. “Given the direction-agnostic nature of the signal, cheap directional structures could be considered to maximize returns in the event of significant spot price movements,” QCP Capital said. 
The cryptocurrency market is famous for offering negative returns in September, and this year the beginning of September has not yet offered cryptocurrency followers the glimmer of hope they were waiting for. At the time of writing, the BTC price is trading around $58,000. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/critical-metric-allegedly-triggered-in-bitcoin-btc-and-ethereum-heres-what-to-expect/">Critical Metric Allegedly Triggered in Bitcoin (BTC) and Ethereum: Here’s What To Expect</a>

Critical Metric Allegedly Triggered in Bitcoin (BTC) and Ethereum: Here’s What To Expect

Bitcoin Sistemi EN

Autres articles publiés le 4 sept. 2024

Satoshi, Who Entered the Dream of an NBA Star, Gave a Price Target for Bitcoin (BTC)!

The Crypto Hack Storm: Massive Funds Stolen and North Korean Attack Tactics Evolving

Playbux Free Raffles: Season One Ends, Season Two Kicks Off with $300K in Rewards

Uniswap Labs Fined $175K by US CFTC as Part of Settlement

BabyDoge Renounces Token Contracts on Ethereum and BNB Chain

Top AI Tokens FET, RENDER, and TAO Facing Decline; Here's Why

Join our free newsletter for daily crypto updates!