Bitcoin’s low volatility will have THIS effect on BTC prices

AxelAdlerJr assessed two of BTC’s key volatility markers and found that they have trended downwards in the past few weeks, suggesting a decline in the possibility of a short-term price swing.

According to AxelAdlerJr, BTC’s Garman-Klass Realized Volatility has dropped to 20%. When this metric returns low values, it indicates a decrease in the asset’s price volatility. Further, the analyst considered BTC’s Volatility Index using a 30-day small moving average . This metric measures the degree of fluctuations in BTC’s price over a specified period.

According to the CryptoQuant’s analyst, the index’s value has dropped to extremely low levels, “which have only been seen four times in the last six years.”AMBCrypto’s assessment of the coin’s Bollinger Bands and Average True Range confirmed the analyst’s positions.

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