Cryptocurrency markets lack any signs of volatility going into the year-end vacation season. This means that each the bulls and the bears are taking part in it secure and are not waging giant bets as a result of uncertainty relating to the subsequent directional transfer. This indecisive section is unlikely to proceed for lengthy as a result of intervals of low volatility are typically adopted by a rise in volatility.
Willy Woo, creator of on-chain analytics useful resource Woobull, anticipates that the period of the present bear market might “be longer than 2018 however shorter than 2015.”