Recently, an analysis pointed out that Bitcoin's actual volatility has dropped to 42%, hitting a historic low. To be honest, this number is quite eye-catching. Bitcoin has always been known for its volatility, and now it’s behaving so "calm," which seems a bit strange.
Such extreme price compression periods are not common in history. Interestingly, every time such extreme calmness occurs, it often signals an upcoming new high. Before the 2017 bull market, the market experienced a similar period of dormancy.
Currently, Bitcoin is hovering around $90,789, and in recent weeks, it has been stuck just below the $95,000 mark. Is it gearing up for a breakout, or is it just a temporary correction? The parallel lines of history seem to be hinting at something.
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CountdownToBroke
· 01-08 23:47
42% volatility? Now that's the real Bitcoin, finally calming down, and my heart can take a break too.
The repeated story of history is getting old, can we compare 2017 to now? It's a completely different situation, alright.
Stuck at 95,000 and just won't go up, it's really frustrating to watch.
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ForeverBuyingDips
· 01-08 23:39
42% volatility? This can still be called a historical low, it really feels like crypto people have a "selective" memory.
Wait, here comes the "historical parallel line hint" again. Every time they say that, it’s probably going to continue falling next.
Hovering around 90K for so long, those claiming accumulation are probably just trapped at high levels. LOL
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MidnightTrader
· 01-08 23:38
Volatility 42%? Back in 2021, that wouldn't even be considered a big deal. Is this really a major event this time, or is it just another "wolf is coming" scenario?
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GasFeeGazer
· 01-08 23:32
42% volatility? Ha, this is the real "Bitcoin sleeping," and waking it up would be terrifying.
Recently, an analysis pointed out that Bitcoin's actual volatility has dropped to 42%, hitting a historic low. To be honest, this number is quite eye-catching. Bitcoin has always been known for its volatility, and now it’s behaving so "calm," which seems a bit strange.
Such extreme price compression periods are not common in history. Interestingly, every time such extreme calmness occurs, it often signals an upcoming new high. Before the 2017 bull market, the market experienced a similar period of dormancy.
Currently, Bitcoin is hovering around $90,789, and in recent weeks, it has been stuck just below the $95,000 mark. Is it gearing up for a breakout, or is it just a temporary correction? The parallel lines of history seem to be hinting at something.