|
|
The Bitcoin 30-day Average True Range (ATR) is a key technical indicator used by traders to measure volatility in the cryptocurrency market. It calculates the average of true ranges over the past 30 days, providing insights into price fluctuations and potential trading opportunities. A higher ATR value indicates increased volatility, which can signal higher risk and reward scenarios for Bitcoin investments.
By analyzing the Bitcoin 30-day ATR, investors can better manage their risk exposure and set appropriate stop-loss levels. This indicator helps in identifying periods of market stability or turbulence, allowing for more informed decision-making in both short-term and long-term trading strategies. |
|