agree that it won't last forever.
We will get a breakout soon. IMO it will be on the upside. But clearly, downside is also possible.
if we could trade options, a strangle would work brilliantly in this point, because volatility is so low.
Volatility is only low because volume is low. Volatility will go through the roof the instant we get any amount of volume.
Volume used to be lower and volatility was higher, this is what I would expect. Why do you think the opposite? Something to do with bitcoin in particular?
No, just comparing relative to just about any other global market
The average bitcoin USD-equivalent daily transaction volume (150000 BTC * 0.07 USD, rounding up generously) is less than $10,000/day. That's all bitcoin transactions, including maintenance transactions such as moving bitcoins from one wallet to another. Even compared to the smallest pink sheet stock, BTC dollar volume is tiny.
That's a drop in the bucket, for anyone who calls themselves an investor
I consider the current BTC volume quite low. Market prices would be easy to manipulate, as its current, tiny, size.
