On-chain analysis indicates that Bitcoin market volatility is at its lowest ever period. Crypto analysts have been monitoring historical BTC volatility levels, and they have bottomed out.
The last time volatility tanked to near current levels was in late 2018. This was a similar bear market to current conditions, with crypto prices falling for the duration of that year.
Volatility shot up again towards the end of that year following the final flush out on Dec. 15, when BTC fell to $3,200.
Bitcoin’s volatility is at an all-time low pic.twitter.com/sGOIC7cM6e
— Will Clemente (@WClementeIII) December 25, 2022
Other analysts also confirmed the new low in Bitcoin volatility. The asset has traded between $15,700 and a little over $18K for the past six weeks. With most of the world in a holiday period, market activity is unlikely to pick up again until next month.
It was pointed out that a rally has previously followed periods of such low volatility. “Every time volatility fell below v
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