© Reuters
Cryptocurrency markets lack any indicators of volatility going into the year-end vacation season. This implies that each the bulls and the bears are taking part in it secure and are usually not waging massive bets as a result of uncertainty relating to the subsequent directional transfer. This indecisive section is unlikely to proceed for lengthy as a result of durations of low volatility are usually adopted by a rise in volatility.
Willy Woo, creator of on-chain analytics useful resource Woobull, anticipates that the period of the present bear market could “be longer than 2018 however shorter than 2015.”
