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Bitcoin Aug. 25 chart alert – "Collapse in volatility" suggests bigger move coming | Kitco News – Kitco NEWS

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(Kitco News)Bitcoin-U.S. dollar prices are a bit firmer in early U.S. trading Thursday. Bears have the slight overall near-term technical advantage. The recent pause has also produced a “collapse in volatility,” which suggests a bigger price move is on the horizon. Market prices tend to move from periods of higher volatility to periods of lower volatility. If you’d like to read more about this phenomenon that occurs in all markets, send me an email at jim@jimwyckoff.com and I’ll forward you a feature story I wrote on the subject. Stay tuned!
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Deidre Richardson is a tech enthusiast who loves to cover the latest news on smartphones, tablets, and mobile gadgets. A graduate of the University of North Carolina at Chapel Hill (B.A, History/Music), you can always find her rocking her Samsung Galaxy Note 3 and LG Nexus 5 on a regular basis.