What you see here is not the volatility of bitcoin but actually the volatility of the 30 yr Uniform Mortgage-Backed Securities (UMBS), These large candles on the right side are causing the interests to fluctuate dramatically in the market place. In a normal market place, as you can see on the left side, the small candles this would take six months to twelve months’ time to see this happen, but we are seeing these swings in just a day of trading.
As I said in my last post link below the fed will buy all kinds of debits and securities to weaken the dollar and this is why I know the 30yr UMBS is going up at the same time lowering the interest rate.
The image below is the screenshot of the current status of Bitcoin volatility.
#investment #volatility #cryptocurrency #securities #investments #weare #blockchain #marketplace #crypto #mortgage #UMBS #btc #cryptocurrencies #cmegroup #cme