I've been saying this for almost a decade: As Bitcoin matures and approaches the market capitalization of gold, its volatility will also begin to match gold's. The argument that "Bitcoin is too volatile" was always flawed.
Eric Balchunas
Eric Balchunas4.8. klo 20.32
VOL KILLER: Since the launch of the ETFs the volatility on bitcoin has plumetted. The 90-day rolling vol is below 40 for the first time- it was over 60 when the ETFs launched. I threw in $GLD for perspective. Less than 2x gold, used to be over 3x.
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