Bitcoin volatility is at its lowest since late 2018

A sharp decrease in bitcoin volatility could signal that the coin has hit bottom.
As analyst Will Clemente notes, the BTC volatility index is now at a four-year low. The last time a similar situation was observed at the very end of 2018, when the market was in a state of “cryptozyma” and bitcoin was trading around $3200.
Over the past six weeks, trading has also been predominantly in a narrow range. Bitcoin briefly broke above $18,000 in mid-December, but then fell back below $17,000.

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