Bitcoin Volatility Reaches Two-Year Low, Analyst Reports

According to BlockBeats, CryptoQuant analyst Axel Adler Jr has reported that Bitcoin's volatility has compressed to its lowest level in two years. This observation is based on the 30-day high and low price indicators, which show a narrowing range between the highest and lowest prices over the period. The rolling high/low price range has confined the price within these limits. Such compression typically indicates a balance between supply and demand and low realized volatility. This situation arises when liquidity is concentrated around local highs, above $120,000, and lows, below $113,000. The likelihood of a price range expansion is increasing.