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Bitfinex: Bitcoin price may have bottomed out and is starting to stabilize

Bitfinex: Bitcoin price may have bottomed out and is starting to stabilize

CointimeCointime2024/07/09 15:01
By:Cointime

Bitfinex analysts suggest that Bitcoin may have hit bottom and the derivatives market indicates that the price of this digital asset is starting to stabilize. Price fluctuations have begun to decrease because the "price difference between implied volatility and historical volatility has narrowed by nearly 90%, indicating that traders expect Bitcoin prices to remain within a range and stabilize."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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