On July 3rd, renowned crypto analyst Jackis (@i_am_jackis) highlighted that Bitcoin’s volatility has declined to its lowest point since early 2023, marking a historically rare event that has occurred only seven times before. This significant drop in volatility signals a potential shift in market dynamics. Jackis emphasized that historically, such low volatility phases are typically followed by a sharp increase in price fluctuations within a five-week timeframe, often materializing even sooner. This pattern underscores the importance of closely monitoring Bitcoin’s price movements as traders and investors prepare for heightened market activity. The observation aligns with broader market trends where periods of low volatility often precede substantial price adjustments, reinforcing the critical role of volatility metrics in crypto market analysis.
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Source: https://en.coinotag.com/breakingnews/bitcoin-volatility-hits-lowest-point-since-2023-signaling-major-surge-within-weeks/