Bitcoin Volatility Indicator Suggests It’s Time You Sell Your Crypto
By CCN: Bitcoin is pulling back sharply as investors and traders alike look to consolidate cryptocurrency gains in 2019. One indicator, however, suggests that the selling pressure isn’t over yet. The VERA Convergence-Divergence signal is a Bitcoin volatility indicator that’s flashing warning signs. As Bloomberg reports, the ‘VERA Cvg Dvg’ is once again flashing a sell in 2019. The first and only other sell signal this year was a red herring in late April. If traders had taken the bait then, they would have lost out on a potential 70 percent gain. A Reliable Bitcoin Volatility Indicator? Traders are coming
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