✉news BusinessCrypto first seen 1 d ago, last 17 h ago, peak #3
Bitcoin Volatility Squeezes to Narrowest Range in 2.5 Years
Original: Bitcoin Analysis: BTC’s Price Swings Are the Narrowest in 2.5 Years. What Happened the Last Time?
Bitcoin's price swings have contracted to their tightest range in roughly two and a half years, according to market analysis cited by Yahoo Finance. Traders are revisiting what happened the last time volatility was this compressed, since such squeezes have historically preceded sharp directional moves in the cryptocurrency's price. Markets are watching for a breakout.
Why now: Low volatility often precedes major price moves, so traders are speculating on Bitcoin's next big breakout
Evidence
- Bitcoin Analysis: BTC’s Price Swings Are the Narrowest in 2.5 Years. What Happened the Last Time? · Yahoo Finance
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