Bitcoin is over $18000 this morning and this is the first time in over a month. Also, short-term volatility is at its lowest since October 2020 – hopefully we see a final move out of this sub-$20K range we have seemingly been stuck in forever

Bitcoin Volatility Sinks To Multi-Year Lows As Chaotic 2022 Approaches Quiet End

“Data shows the Bitcoin realized volatility has plunged to multi-year lows this month, implying that the chaotic 2022 might be looking to end on a more quiet note.

Bitcoin Short-Term Realized Volatility Is Now Lowest Since October 2020
As per the latest weekly report from Glassnode, BTC has been rather silent in this month of December, compared to what was a very chaotic rest of the year. The relevant indicator here is the ‘annualized realized volatility,’ which measures the standard deviation of daily returns from the mean for the Bitcoin market.

When the value of this metric is high, it means the price of the crypto has been showing large daily fluctuations recently. Such values imply the crypto currently involves high trading risk. On the other hand, low volatility values suggest the BTC market has displayed a rather stale price movement recently, with day-to-day returns being quite low.”

https://bitcoinist.com/bitcoin-volatility-sinks-year-lows-chaotic-2022-end/