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via Cointelegraph · By Cointelegraph Staff
Bitcoin Volatility Drops 56% As Analysts Watch For 20% Price Move
BTC
BTC/USDT
$79,770.01
+0.02%
$79,770.01
+0.02%
(24s)24h Volume
$6,295,073,350.78
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.3%
Funding Rate
+0.0008%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(08:34 PM UTC)
1 min read
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.
Bitcoin realized volatility is down 56% in Q2
Bitcoin researcher Axel Adler Jr. said that BTC’s one-week realized volatility, smoothed over a…
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