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Sunday, November 6, 2022

BTCUSD - Risk Assessment (LOW!)

BTCUSD - Risk Assessment (LOW!)

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

An indicator showing the risk on BTC
Each period in blue down the bottom shows the low of each cycle
Interesting seeing the earlier peaks in red both topping out but the 2022 top is slightly below the top red, this may be an indicator that BTCUSD is becoming less volatile and a more stable asset
Regardless, price is currently within the blue zone, a good buy point

Via TradingView Ideas

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