• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
No Result
View All Result
Breaking News: Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
No Result
View All Result
NewsBTC
No Result
View All Result
Breaking News: Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

Bitcoin Currently More Stable Than Gold, DXY, Nasdaq, Here’s What Could Happen Next

Hououin Kyouma by Hououin Kyouma
3 weeks ago
in Bitcoin
Reading Time: 3 mins read
Advertisement

Data shows Bitcoin has been more stable than gold, DXY, Nasdaq, and S&P 500 recently, here’s what history says could follow next.

Bitcoin 5-Day Volatility Has Fallen Below That Of Gold, DXY, Nasdaq, And S&P 500

According to the latest weekly report from Arcane Research, BTC has been more stable than these assets for a record duration already this year. The “volatility” is an indicator that measures the deviation of daily returns from the average for Bitcoin.

When the value of this metric is high, it means the crypto has been registering a higher amount of returns compared to the mean, suggesting that the coin has involved a higher trading risk recently. On the other hand, low values imply there haven’t been any significant fluctuations in the price in recent days, showing that the market has been stale.

Get 30 FREE SPINS at Punt Casino - NO DEPOSIT REQUIRED! Start Playing Now.
No Deposit 40 FREE SPINS at Wild.io on SIGN UP. Wheel of fortune, daily bonuses, 10 BTC in prizes monthly! Start Playing Now!

Now, here is a chart that shows the trend in the 30-day volatility for Bitcoin over the course of its entire history:

Bitcoin Volatility

The value of the metric seems to have plunged in recent days | Source: Arcane Research's Ahead of the Curve - January 10

As shown in the above graph, the Bitcoin 30-day volatility is at very low levels currently as the price has been trading mostly sideways in recent weeks. The current values of the indicator are the lowest since 2020, but they are still higher than some of the lows during previous bear markets.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Related Reading: Shiba Inu Bullish Signal: Whale Withdraws $34.7M In SHIB From Binance

One consequence of this recent flat movement has been that BTC has become more stable than assets like gold, DXY, Nasdaq, and S&P 500. To compare these assets’ volatilities against each other, the report has made use of the 5-day volatility (and not the 30-day or 7-day one).

The below table highlights the periods in BTC’s lifetime when the crypto’s 5-day volatility has been simultaneously lower than all these traditional assets.

Bitcoin More Stable Than Stocks

Looks like such occurrences have been a very rare event | Source: Arcane Research's Ahead of the Curve - January 10

As the table displays, there have only ever been a handful of instances where the Bitcoin 5-day volatility has been lower than that of gold, DXY, Nasdaq, and S&P 500 at the same time. The report labels such occurrences as “relative volatility compression” periods.

It seems like, before the latest streak, the highest duration of this trend was just 2 consecutive days. This means that the current relative volatility compression period is already the longest ever in the coin’s history.

Related Reading: Bitcoin Exchange Inflows Fall To 2020 Levels As Activity Remains Low

Another interesting fact in the table is the total returns in Bitcoin that were observed in the 30-day period following the first date of the volatility compression in each of these instances. Besides one occurrence (September 29, 2022), all other volatility compression periods were succeeded by the price becoming highly volatile and registering large returns.

It now remains to be seen whether a similar pattern will follow this time as well, with Bitcoin experiencing a wild next 30 days after this seriously flat price action.

BTC Price

At the time of writing, Bitcoin is trading around $17,400, up 3% in the last week.

Bitcoin Price Chart

BTC has surged in the last few days | Source: BTCUSD on TradingView
Featured image from Jievani Weerasinghe on Unsplash.com, charts from TradingView.com, Arcane Research
Tags: bitcoinBitcoin 5-Day VolatilityBitcoin volatilitybtcbtcusddxygoldNASDAQS&P 500
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Hououin Kyouma

Hououin Kyouma

Loves to write, enthusiastic about cryptocurrency. Currently studying Physics at university.

Related Posts

Santiment Explains Why Bitcoin Saw A Pullback During The Past Day

Santiment Explains Why Bitcoin Saw A Pullback During The Past Day

1 hour ago
bitcoin price bull

Bitcoin Spiked to $23,960, But Traders Are Not Very Greedy

14 hours ago
Bitcoin Mining

This Level Could Be Crucial For Bitcoin, PoW Pricing Model Suggests

16 hours ago
Bitcoin

Bitcoin Volatility Ahead? Open Interest Registers Sharp Jump

1 day ago
bitcoin mining difficulty adjustment

Bitcoin Mining Difficulty Touches New ATH Following 4.68% Adjustment

1 day ago
Bitcoin U.S. institutional investors

U.S. Institutions Are Driving Bitcoin Prices, Matrixport Research

4 days ago

Premium Partners

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Metaspins

Metaspins

Review · Visit
Trust Dice

Trust Dice

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
Coinplay

Coinplay

Review · Visit
mBit

mBit

Review · Visit
Vave

Vave

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
Coinplay

Coinplay

Review · Visit

Best Penny Cryptos To Buy Now To See 10x Gains in 2023

January 31, 2023

Get In Early – These 6 Crypto ICOs Are Ready to Boom in 2023

January 31, 2023

CoinEx Makes Crypto Trading Easier via Fiat-to-Crypto Services

January 31, 2023

QI Blockchain Ecosystem: The Fastest Growing Ecosystem in the World

January 31, 2023

Gold & Silver Standard And MRHB DeFi Announce Partnership To Offer Fully-Compliant Platform For Islamic Investors

January 31, 2023

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Links

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2022 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play Games
  • Play Casino Games

© 2022 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.