ICYMI: Bitcoin is potentially on its way to approach the fundamental support level of the 200-week moving average BTC $BTC
The index developed by BNC is a tool for tracking the market price of Bitcoin, at which liquidity could enter or exit a Bitcoin position. Simply put, BNC offers the"real" price of Bitcoin by using the liquidity data. The index is widely used by crypto traders and investors for settlement and spot pricing.
BTC's volatility has dropped to an extreme low after May 12 following the massive 25% correction, which happened in a matter of four days.
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