Bitcoin volatility
With the extension of time, the volatility is relatively small, but it is still increasing. The real volatility in one month was 64%, more than 10% higher than the decline of US $8000. The volatility in three months and one year was 58% and 71% respectively
the real fluctuation of 10 days last appeared in the long-term indicators, between January 14 and January 17. Bitcoin rose more than 10% in this round, driven by an unlikely "safe haven" argument
looking ahead, the implied volatility (IV) based on the pricing of bitcoin option contracts has also increased, but in terms of the larger trend, the range is not large. Bitcoin's three-month implied volatility was 3.5%, the highest in the past three weeks
After the recent price fluctuation of bitcoin, many people who invest in bitcoin have lost money or even burst their positions, which has aroused the attention of many netizens. In fact, these people who lose money or even burst their positions don't hold bitcoin, they just fry bitcoin like futures, so it's inevitable when the price fluctuates. Only those who dig bitcoin are not affected by the price fluctuation
in general, although the price of bitcoin is 45 million times higher than that at the beginning of its birth, because some people invest in bitcoin futures, they will naturally suffer losses and burst positions when the price fluctuates
Bitcoin fell to 58000 yuan and 180000 people burst their positions. The affected groups are:
1 2 3 bitcoin, as a virtual currency in emerging instries, has attracted many people's attention. After bitcoin's sharp rise, the fluctuation began to increase, which caused fatal harm to many people. Bitcoin fell to 58000 yuan and 180000 people burst their positions. The affected groups were mainly those who increased their positions at a high level. The cost of these people was relatively high, and a little fluctuation would lead to big losses; At the same time, people who buy bitcoin with leverage or financing have weak ability to resist risks, and violent fluctuations will lead to their positions bursting. They should be the group most affected and the group with the most serious losses among the positions bursting groups; Finally, the trading maniac, keep chasing up and down, this group influence is also relatively large the people who chase up and down may not be as miserable as the above two groups. However, with a large number of transactions, the people who chase up and down every day will also suffer losses. This kind of thing consumes a lot of energy, but the loss of money also has a greater impact on them, and they are also a relatively influential group
On April 18, it was reported that the price of bitcoin had soared for a time, once exceeding US $64000. Today, bitcoin suddenly plummeted, once falling by more than 15%, the price fell below US $52000 / piece
for the sudden collapse of bitcoin, some analysts in the instry believe that it may be affected by the latest news that the US Treasury Department has accused several financial institutions of using cryptocurrency to launder money
affected by the sharp fall of bitcoin, other digital currencies have declined to varying degrees. Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, and even Musk's favorite dog coin plummeted 19%
extended data
experts said that the slump is a normal phenomenon:
"in fact, the slump of bitcoin is just a normal phenomenon in the market." First of all, bitcoin itself is a kind of high-risk emerging asset, and its daily price fluctuates a lot, and it is often prone to sudden rise and fall, Li William, chief researcher of Ouyi okex Research Institute, told reporters. Secondly, from an empirical point of view, the withdrawal in the bitcoin bull market is about 33% - 66% of the basic trend direction, lasting for a week or several weeks
according to him, even though bitcoin has entered a bull market since January 2021, with a cumulative increase of nearly 2 times, it often falls sharply, with the biggest daily drop of more than $5000 for at least 7 days, and the biggest daily drop of more than $10000 for two consecutive days on February 22 and February 23
William Lee further said, "from the fundamental point of view, this round of bitcoin slump also has regulatory impact. On Friday, Turkey's central bank banned the use of cryptocurrency and cryptoassets for payments, citing possible "irreparable" damage and trading risks. Shortly after the news, bitcoin fell about 4%. For investors who have entered the market early and hold a large number of bitcoin chips, they have made a lot of profits at this time. In the case of unclear supervision in the future, it may be the best time to choose to sell bitcoin and leave the market, which triggered a subsequent slump. "