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© Reuters
Cryptocurrency markets are showing no signs of volatility heading into the holiday season. This suggests that bulls and bears are playing it safe and not making big bets due to uncertainty regarding the next directional move. This phase of indecision should not last long as periods of low volatility are usually followed by increased volatility.
Willy Woo, creator of on-chain analysis resource Woobull, predicts that the duration of the current bear market could “be longer than 2018 but shorter than 2015”.
Daily view of crypto market data. Source: Coin360BTC/USDT daily chart. Source: TradingViewBTC/USDT 4-hour chart. Source: TradingViewETH/USDT Daily Chart. Source: TradingViewETH/USDT 4-hour chart. Source: TradingViewTON/USDT Daily Chart. Source: TradingViewTON/USDT 4-hour chart. Source: TradingViewXMR/USDT daily chart. Source: TradingViewXMR/USDT 4-hour chart. Source: TradingView OKB/USDT Daily Chart. Source: TradingView OKB/USDT 4-Hour Chart. Source: Trading View
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