Bitcoin BEP2 (BTCB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has declined 5.1% to $64052.59.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BTCB’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Bitcoin BEP2 price is trading near resistance. With support set at $61166.14 and resistance set at $64381.02. This leaves Bitcoin BEP2 with potential selling pressures ahead as it may be getting over extended.