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via Cointelegraph · By Cointelegraph Staff
Bitcoin Volatility Drops 56% As Analysts Watch For 20% Price Move
BTC
BTC/USDT
$62,988.27
-0.07%
$62,988.27
-0.07%
(24s)24h Volume
$2,186,065,643.33
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0033%
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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