Bitcoin Gold(btg)market reviews and price predictions
Bitcoin Gold market statement for 2023-05-31
Yesterday the price of btg stood at $12.8. The market capitalization of the asset was $227 989 852. Bitcoin Gold’s volatility was established at 1.77%. The trading volume of the coin reached $1 473 526.
Bitcoin Gold prognosis for the next days:
We estimate the price of Bitcoin Gold to be $12.7 tomorrow 2023-06-04 and $13.01 on 2023-06-10;
We estimate the market capitalization of Bitcoin Gold to reach $224 143 794 tomorrow 2023-06-04 and $226 290 048 on 2023-06-06;
We estimate the volatility of Bitcoin Gold to become 0.49% tomorrow 2023-06-04 and 1.07% on 2023-06-06;
We estimate the trading volume of Bitcoin Gold to amount to $2 443 633 tomorrow 2023-06-04 and $2 528 327 on 2023-06-06.
Our recommendation for the pair BTG/USD for tomorrow, 2023-06-04, to hold.
Bitcoin Gold market stayed flat from May 25 - May 31.
Bitcoin Gold portrayed neutral behavior last week, with no changes in the price. BTG was caught in a period of low volatility, which was reflected in its price action. There has been a rise 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 increased trading volume.
Bitcoin Gold slid down by 2% last week (May 22 - May 28) as the sellers pushed back.
The price of Bitcoin Gold was falling last from May 22 until May 28, giving enough reason to conclude that the market is bearish. The volatility of BTG has been low throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Down by 4% : The Bitcoin Gold market saw some bearish action last week (May 21 - May 27).
The price of Bitcoin Gold was falling last from May 21 until May 27, giving enough reason to conclude that the market is bearish. The price swings of BTG pointed to the presence of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Bearish price action on May 20 to May 26 resulted in Bitcoin Gold by 6%.
The bearish behavior of Bitcoin Gold last week was characterized by the occurrence of downswings. The situation on the BTG 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. The price action of the crypto coin last week took place on the back of decreased trading volume.
Red clouds gathered above the Bitcoin Gold market last week (May 20 - May 26) as the price went down by 6%.
Between May 20 - May 26, Bitcoin Gold has been mostly bearish as its price has been in the falling mode. The volatility associated with the BTG market was low, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Bitcoin Gold slid down by 4% last week (May 19 - May 25) as the sellers pushed back.
Between May 19 - May 25, Bitcoin Gold has been mostly bearish as its price has been in the falling mode. BTG was caught in a period of low volatility, which was reflected in its 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.
May 14 - May 20 price action recap: Bitcoin Gold sees a weak 1% gain as the buyers take a step back.
The price of Bitcoin Gold was rising last from May 14 until May 20, giving enough reason to conclude that the market is. BTG was caught in a period of low volatility, which was reflected in its price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Bearish response: The Bitcoin Gold price melts by 5% between May 10 and May 16.
Between May 10 - May 16, Bitcoin Gold has been mostly bearish as its price has been in the falling mode. The situation on the BTG 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 falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Slightly bearish : traders witnessed Bitcoin Gold moving down 5% from May 10 till May 16.
The downward movement of the Bitcoin Gold price last week indicates the chosen market is bearish. The volatility of BTG has been low 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. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Slightly bearish : traders witnessed Bitcoin Gold moving down 5% from May 10 till May 16.
The bearish behavior of Bitcoin Gold last week was characterized by the occurrence of downswings. BTG has been going through a period of low volatility, which fell in line with the occurred price changes. 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.