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07/29 06:51

Bitcoin Volatility Hits 70%, Echoing 2023 Lows: Wi

Bitcoin Volatility Hits 70%, Echoing 2023 Lows: Will History Repeat?

Low Volatility, Weak Trading Activity, and Extreme Valuations Suggest Bitcoin Entering Next Important Price Phase

Bitcoin’s on-chain activity has declined, and valuation signals are flashing red, but miner pressure remains manageable, setting the stage for BTC’s next move.

Bitcoin’s [BTC] quarterly realized volatility has fallen to 70%, close to its highest level since the September 2023 cycle bottom of 62%, which occurred at $26,000.

The current downtrend suggests that Bitcoin’s market activity has entered a consolidation phase. Historically, such low volatility environments have often signaled significant directional moves.

However, the peak of 143% in this cycle’s volatility is well below the 2021 peak of 236%, suggesting that extreme volatility is moderating more broadly.

At press time, Bitcoin is trading at $118,922, with a daily gain of just 0.59%. 



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