Bitcoin Diamond(bcd)market reviews and price predictions
Bitcoin Diamond market statement for 2023-01-19
Yesterday the price of bcd stood at $0.13. The market capitalization of the asset was $24 213 321. Bitcoin Diamond’s volatility was established at 2.61%. The trading volume of the coin reached $78 720.
Bitcoin Diamond prognosis for the next days:
We estimate the price of Bitcoin Diamond to be $0.12 tomorrow 2023-01-27 and $0.12 on 2023-02-02;
We estimate the market capitalization of Bitcoin Diamond to reach $22 705 010 tomorrow 2023-01-27 and $23 751 449 on 2023-01-29;
We estimate the volatility of Bitcoin Diamond to become 5.4% tomorrow 2023-01-27 and 4.07% on 2023-01-29;
We estimate the trading volume of Bitcoin Diamond to amount to $130 870 tomorrow 2023-01-27 and $115 593 on 2023-01-29.
Our recommendation for the pair BCD/USD for tomorrow, 2023-01-27, to sell.
Bitcoin Diamond exploded by 14% in the period of January 13 - January 19 as the buyers got an upper hand.
The upward movement of the Bitcoin Diamond price last week indicates the chosen market is bullish. The situation on the BCD market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Bitcoin Diamond exploded by 23% in the period of January 11 - January 17 as the buyers got an upper hand.
The analysis of last week’s price action shows that the Bitcoin Diamond market is in the bullish phase since the price has been moving upward. The situation on the BCD market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Bitcoin Diamond exploded by 12% in the period of January 9 - January 15 as the buyers got an upper hand.
The price of Bitcoin Diamond was rising last from January 9 until January 15, giving enough reason to conclude that the market is. The volatility of BCD has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Bitcoin Diamond exploded by 16% in the period of January 7 - January 13 as the buyers got an upper hand.
The analysis of last week’s price action shows that the Bitcoin Diamond market is in the phase since the price has been moving upward. The situation on the BCD market shows that the underlying asset is currently experiencing a period of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.
The bullish pressure subsides between January 2 and January 8 as Bitcoin Diamond gains only 1%.
The behavior of Bitcoin Diamond last week was characterized by the occurrence of upswings. The situation on the BCD market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Down by 1% : The Bitcoin Diamond market saw some bearish action last week (January 1 - January 7).
The price of Bitcoin Diamond was falling last from January 1 until January 7, giving enough reason to conclude that the market is bearish. The volatility associated with the BCD market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
December 27 - January 2 price action review: Bitcoin Diamond goes down by 7%.
The bearish behavior of Bitcoin Diamond last week was characterized by the occurrence of downswings. BCD was caught in a period of low volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Red clouds gathered above the Bitcoin Diamond market last week (December 26 - January 1) as the price went down by 9%.
The price of Bitcoin Diamond was falling last from December 26 until January 1, giving enough reason to conclude that the market is bearish. The situation on the BCD market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Down by 4% : The Bitcoin Diamond market saw some bearish action last week (December 22 - December 28).
The downward movement of the Bitcoin Diamond price last week indicates the chosen market is bearish. The volatility of BCD has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Red clouds gathered above the Bitcoin Diamond market last week (December 21 - December 27) as the price went down by 10%.
The bearish behavior of Bitcoin Diamond last week was characterized by the occurrence of downswings. The volatility of BCD has been medium throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.