Spiritual Connection to Cryptos

Bitcoin's Less Volatile Price Trend

Maui disaster

Bitcoin has been behaving like a stable coin on occasion the last month of august 2023. Like how you see here in the example 7 day record, there are several days where the price action, the usual volatility disappears and becomes flat almost zero price fluctuation on the daily. It is expected however that the volatility will return. It seem's like the price of Bitcoin is in limbo as it is usually volatile more than this on any 7 day period. You can see that the average trend being the shown 26K price does deviate slightly down, then more significantly to the upside before the return to thr less volatile situation of the week,  returning to the 26K support and sticking their, like say a tether coin may do around the $1 dollar price.

The third section of the candle stick line had less volatility than the first third as shown in the image.

Bitcoin Sideways

Sentiment of news article and media video reports show that interest in crypto due to hard economic times is not gathering momentum. NFT markets suffered a significant bear market dip not too long ago. With speculation of Speakers on spaces on X formerly known as Twitter the social media application that the NFT market is going to zero. I would say that it is not doing that as their is so much invested interest within the die hard crypto communities, same goes for crypto alt-coin's and token's. 

Still even in this later stage in the year and in the middle of the 3rd Quarter of 2023. It is expected that the bear market trends are not over. We may see more volatility of price movement to the down side of 26K yet. As 16k appears to have been the bottom price so far. Many where saying at 18K that the bottom of the bear was already in. 

Peace, love and joy.

Namaste

 

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Spiritual Business Man
Spiritual Business Man

Owner of www.spiritualguidancemeditation.com I create digital educational video series packages. I create free social content. I run blogging pages on mainstream social media platforms and I like to create music and perform live. I write.


Spiritual Connection to Cryptos
Spiritual Connection to Cryptos

The representation of energy that money represents. A store of work done of energy spent given to another human in the form of a payment amount. A monetary value. That can be used and spent. The proof of work value can be spent with other people also to business's offering services and products. The spiritual connection Cryptos have with us humans is a direct relationship with are earthly energies of light that humans and use. We humans are made of light are very cells glow.

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