Bitcoin HODLers break new record with 14.5 million BTC in wallets $BTC
, Checkmate observes that realized volatility for Bitcoin has dropped to historic lows. When looking at one-month to one-year timescales, this could be Bitcoin's quietest stretch since March 2020.
This is important because, historically, such low volatility corresponds to post-bear-market hangover periods, which are also re-accumulation periods.'s dull price action persisted throughout the weekend, signaling both bulls and bears are unsure of the next directional move. Given the recent historic declines in volatility, Bitcoin could be in for a big move, although the direction of the breakout is yet undetermined.
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