‘Paper’ Bitcoin Isn’t Suppressing Price – Silver Shows Why, Jeff Park Says

Bitcoin’s unusually subdued options pricing and we

‘Paper’ Bitcoin Isn’t Suppressing Price – Silver Shows Why, Jeff Park Says

‘Paper’ Bitcoin Isn’t Suppressing Price – Silver Shows Why, Jeff Park Says

Bitcoin’s unusually subdued options pricing and weak month-to-date activity are setting up what ProCap CIO and Bitwise adviser Jeff Park calls a dangerous asymmetry: upside momentum is unlikely without volatility, and the longer BTC stays “quiet,” the more violent the eventual move could be.

Bitcoin remains in the range between the 0.618 and 0.786 Fib, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.