Max boredom: potential Bitcoin scenario with low volatility until 2021

Cointelegraph

Published Sep 14, 2020 12:01PM ET

Updated Sep 14, 2020 02:00PM ET

The price of Bitcoin (BTC) increased by 3% in the last 24 hours from $10,322 to $10,680. But BTC still faces a significant resistance level around $11,000 and has seen low volatility since Sep. 3.

The declining open interest of the futures market and the stagnant spot market volume raise the probability of low volatility.

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