RE: The Last Time Bitcoin Volatility Was This Low, BTC Surged 25% in 24 Hours
Happy 4th to all of those here in the States! Maybe, just maybe we’ll see a Bitcoin explosion today – from the data below, last time we had this low a volatility, Bitcoin surged 25% within 24 hours
Last Time Bitcoin Volatility Was This Low, BTC Surged by 25% in 24 Hours
“A cryptocurrency trader shared the chart below on July 3rd, showing Bitcoin’s historical volatility index over the past two years.
Per the data, Bitcoin’s volatility is at lows not seen since March/April of 2019.
For those that don’t remember what happened then, here’s a reminder: after trading in the $3,000s for about four months, Bitcoin rocketed 25% higher on April 1st. The move took BTC from $4,000 to $5,000, then kick-started a multi-month bull run that took Bitcoin to $14,000.”