BREAKING
100d 17h ago

Bitcoin (BTC) Chip Concentration Reaches 17.6% in 5% Price Range, Signaling Imminent Large-Scale BTC Volatility

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News reports that BTC spot price concentration within a +/-5% band has surged to 17.6%, the highest in nearly two years. The rapid tightening of the chip structure implies energy is accumulating and a sizable price move could be on the horizon.

As of September 30, the 5% range concentration stood at 15%, just before a pronounced rebound that pierced the prior historical high. This pattern echoes earlier episodes and underscores the impact of concentration dynamics on near-term volatility.

Over the last two years, there have been eight episodes where the chip concentration exceeded 13%, followed by price swings of varying intensity. Note that volatility measures amplitude, not direction; outcomes remain uncertain, and this should be viewed as informational analysis rather than investment advice.

Share News:
Don't Miss Breaking News