HomeUncategorizedTraders brace for Bitcoin price volatility as DXY 2022 gains near 20% By Cointelegraph

Traders brace for Bitcoin price volatility as DXY 2022 gains near 20% By Cointelegraph

September 26, 2022

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Traders brace for Bitcoin price volatility as DXY 2022 gains near 20%

(BTC) volatility edged higher during Sept. 26 as the Wall Street open avoided significant losses.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $19,000 on the day, with hourly candles of 1.5%–2% not uncommon.

BTC/USD monthly returns chart (screenshot). Source: Coinglass
(DXY) 1-month candle chart. Source: TradingView