Express
Analyst: Bitcoin Volatility at Extremely Low Levels, Signaling Imminent Breakout from Narrow Range
Summary: According to CryptoQuant analyst Axel, market volatility has dropped to extremely low levels, indicating a potential breakout from the narrow trading range. Axel explained that Bitcoin's actual volatility has compressed to 23%, a level that statistically does not last long. Historically, such compressed states often end with a sharp expansion in volatility. The period of ...
According to CryptoQuant analyst Axel, market volatility has dropped to extremely low levels, indicating a potential breakout from the narrow trading range.
Axel explained that Bitcoin's actual volatility has compressed to 23%, a level that statistically does not last long. Historically, such compressed states often end with a sharp expansion in volatility. The period of extremely low volatility reflects a delicate balance between supply and demand, typically leading to an active phase of liquidity redistribution in the market and a significant expansion in price range. However, this indicator does not indicate the direction of the breakout and does not constitute a trading signal.
Tags:
Link: Analyst: Bitcoin Volatility at Extremely Low Levels, Signaling Imminent Breakout from Narrow Range [Copy]
