In the latest episode of Cointelegraph’s Crypto Trading Secrets podcast, host Benjamin Pirus sat down with popular Twitter trader, analyst, and author, @BigCheds, to discuss a range of topics related to the cryptocurrency industry. During the interview, which took place on April 6th, Cheds shared his thoughts on Bitcoin’s price volatility and whether it will ever become less volatile during its bull and bear markets.
When asked about his opinion on whether Bitcoin’s price volatility will decrease over time, Cheds responded, “Definitely. I think the more institutionalized it is, the more it becomes part of everyday life and more just part of the system. I think the volatility will wane over time — I definitely do.”
Bitcoin was first launched in 2009 and has since gone through massive price fluctuations. The asset’s price surged from below $300 to almost $20,000 between 2015 and 2018 before plummeting back down below $4,000. In the following years, Bitcoin ultimately rose back up to nearly $70,000 before falling below $16,000. However, with more institutional players such as MicroStrategy and Tesla investing in Bitcoin, Cheds believes that the asset’s price could become less volatile if it continues its path further into the mainstream.
During the interview, Cheds also shared his thoughts on the concept of Bitcoin’s bull runs, stating that technical price trends provide a better depiction of what’s happening. “A bull run — these are narratives more than anything,” Cheds said. “An uptrend — it’s a technical term based on what the price is doing. A bull run, I mean, could mean a lot of different things, so I don’t know that those two are interchangeable. You could say ‘bull run,’ it might mean something different to you than to me.”
Aside from Bitcoin’s price volatility and bull runs, Cheds also answered a number of other questions related to cryptocurrency trading and analysis. To listen to the full interview, check out Episode 9 of Cointelegraph’s Crypto Trading Secrets podcast on Cointelegraph’s podcast page, Apple Podcasts, Spotify, Google Podcasts, or TuneIn.
It’s important to note that the views, thoughts, and opinions expressed by Cheds during the interview are his own and do not necessarily reflect or represent the views and opinions of Cointelegraph or its affiliates.
