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Is Bitcoin BEP2 (BTCB) a Bad Investment Saturday?

Saturday, January 29, 2022 10:29 AM | InvestorsObserver Analysts
Is Bitcoin BEP2 (BTCB) a Bad Investment Saturday?

InvestorsObserver analysis gives Bitcoin BEP2 an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

Risk/Reward Score - Medium
InvestorsObserver is giving Bitcoin BEP2 a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Bitcoin BEP2!

Trading Analysis

BTCB's risk gauge score translates to a moderate risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments. The price of Bitcoin BEP2 is 1.54% lower over the last 24 hours, leading to its current value of $37,594.86. The change in price goes along with volume being below its average level while the token's market capitalization has risen during the same time period. The crypto's market capitalization is now $3,951,498,537.27, meanwhile $44,385,332.48 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give Bitcoin BEP2 an average risk analysis.

Summary

Recent price movement of BTCB gives the cryptocurrency an average risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be not overly concerned on the token's manipulability at the moment. Click Here to get the full Report on Bitcoin BEP2 (BTCB).

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