Cboe analyst: “Bitcoin Price, Amazon, less volatile than Netflix and nearly as stable as Apple.”

Cboe analyst Kevin Davitt: “maybe we are witnessing a market maturing.”

According to a Cboe analyst, Bitcoin recently suffered less price volatility than the most popular markets, including Wall Street’s technology. This is included in heavy companies such as Amazon, Netflix, and Nvidia, a giant of mining equipment.

“Bitcoin is as stable as Apple, the world’s most valuable company.”

Kevin Davitt, senior lecturer at the Cboe Options Institute, said the rate of change in the daily price of the 20-day historical volatility (hv) fell to 31.5 percent. According to this, Amazon’s 20-day HV stands at 35 percent, Nvidia stands at 40 percent and Netflix stands at almost 52 percent. With its current level, bitcoin is as stable as Apple (AAPL), the world’s most valuable company. According to the report, AAPL, whose market value is $ 1 trillion, has a 20-day HV of 29.3 percent.

Cboe analyst Kevin Davitt: “maybe we are witnessing a market maturing.”

In addition, even if Davitt is the most volatile, Bitcoin says the price is far more stable than the share price of the marijuana producer Tilray. Davitt stresses that the Krypto money market is possible to mature and that the decline in HV shows a “structural shift” in the ecosystem. However, Davitt points out that it is “too early” to come to this conclusion and adds to his statements::

Maybe we’re witnessing a market maturing. It may be too early to declare it, but the persistent range in the past few weeks may be pointing to structural change.

The information in the article is for informational purposes only. Does not constitute any investment advice. He writes for profit or loss resulting from your investment he is not responsible. The investment is ultimately based on many principles, such as knowledge, experience, research and personal decisions.

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