Where did all the traders go? Today was a very quiet trading session. The price oscillated between $289 and $292 on very low volume. Volatility in general has taken a nose dive with the .BVOL Index (30 day realised volatility) down over 50% since one month prior to 65%.
Going into the final stretch of March, volatility could pop meaningfully if $300 is breached on heavy volume. Consider buying BVOLH15 which expires on March 27th.
In the News
Cryptowatch adds BitMEX to its charting website (Cryptowat.ch)
Coinbase compliance chief resigns (Qntra)
Rakuten starts accepting Bitcoin (WSJ)
Silk Road lieutenant Peter Nash pleads guilty (Naked Security)