The digital asset’s volatility is reaching cycle highs across multiple measures, according to data from TradingView and Glassnode.
Bitcoin’s (BTC) volatility is approaching cycle highs as jitters around a looming trade war and a planned US cryptocurrency stockpile reach a crescendo, according to data from TradingView and Glassnode.
The conflicting bullish and bearish signals, which peaked after US President Donald Trump took office in January, have sent crypto prices on a dizzying ride, the data shows.
“As demonstrated by the intense whipsaw in price action, this has led to very turbulent conditions over the last two weeks against a backdrop of an uncertain political environment,” Glassnode said in a March research note.
