What’s Next For Bitcoin: $14,000 Or $1,600?

The average true range, five-day exponential, has dropped to its lowest level of $231 for this year. Since the start of this year, the dominant trend for this has been skewed to the downside.

Similarly, the 90-day volatility index has also taken a nose dive and it is almost in a free fall. I do think this is about to change, because, firstly; we have started to trade in a narrow range- not normal for the Bitcoin price, finally, the 90-day volatility is in a free. Bitcoin isn’t an animal which can be put on a leash that easily.