Bitcoin volatility set to return

Bradley Prior

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Bitcoin volatility set to return

Volatility could soon be back in vogue for Bitcoin.

One technical gauge is showing dramatic price swings for the digital token may be primed for a return: the difference between Bitcoin’s upper and lower band in the Trading Envelope indicator is at its narrowest since mid-September. [Bloomberg]
 
Incorrect headline. Bitcoin is not volatile for the most part (other than forks etc). It is actually mostly fixed, as 85% of all bitcoin have already been mined.

What is volatile is the demand for it, which is based partly on the supply of other currencies, that are inflating all the time.
 
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