Oil Prices Are Now More Volatile Than Bitcoin
For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset.
Bitcoin's 180-day volatility dropped to its lowest level since November 2018.
Many investors conflate volatility with risk, a fundamental error that says more about our collective psychology than it does about portfolio management.
Volatility has stayed relatively low through bitcoin’s slow march toward record highs.
Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction.
Bitcoin’s price volatility has surged to record highs but long-term HODLers don't seem to be deterred.