Bitcoin Volatility Drops 56% As Analysts Watch For 20% Price Move

BTC

BTC/USDT

$84,208.80

-0.22%

$84,208.80

-0.22%

(24s)

24h Volume

$15,055,523,061.70

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

Cointelegraph Staff

(08:34 PM UTC)

1 min read

Verified byJames Mitchell

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Bitcoin's realized volatility has fallen to 17.2%, one of its lowest levels in recent months. Multiple Bitcoin analysts have said that long periods of price compression, alongside declining volatility, have historically preceded double-digit rallies.