Data: BTC fluctuated about 0.067% this weekend, failing to break August's record for the calmest weekend
BIBIBI
AT A GLANCE
Darkfost said BTC's estimated volatility this weekend is about 0.067%, which is not yet the calmest weekend of the year.
Article
Data: BTC has not yet broken August's record for the calmest weekend, with volatility around 0.067% this weekend
BlockBeats reports that on November 8, analyst Darkfost responded to the claim that "this weekend was the calmest in BTC history" by saying that, looking at the data precisely, it is almost true but not quite. As of this weekend when this article was written, estimated volatility was about 0.067%. Since April, there have also been several weekends quieter than this one. So far this year, the calmest remains the weekend of August 8, with volatility of only about 0.005%.
Original article link https://m.theblockbeats.info/flash/376184
Key points
01
BlockBeats published the news on November 8.
02
Analyst Darkfost said that, as of the time of writing, BTC’s estimated volatility for this weekend is about 0.067%.
03
Darkfost said that since April, several weekends have been quieter than this weekend.
04
Darkfost said that the calmest period so far this year was the weekend of August 8, with volatility around 0.005%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This information compares the price volatility of BTC across different weekends. About 0.067% indicates relatively calm price activity as of press time, but according to Darkfost, it has not broken the record of about 0.005% set during the weekend of August 8 this year.
Why it matters to readers
The weekend volatility range can help observe whether market price activity was active at the time; this data indicates that, as of the time of writing, the market was relatively calm, but it cannot be used to determine the subsequent price direction.
Beginners should distinguish between “low volatility” and “prices will rise or fall”: low volatility only indicates that price changes are limited at the time, and does not indicate future trends.
Risks and unknowns
The original text does not specify the exact calculation formula for volatility, the price source, or the statistical time period.
Approximately 0.067% is an estimate as of the time of writing, not the final figure after the weekend ends.
The complete historical dataset for the “most peaceful weekend in history” was not provided in the original text.
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fluctuation
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