Bitcoin Trading Range Tightens as Volatility Hits Lowest Levels in Years

Bitcoin (BTC) has experienced reduced volatility, trading within a narrow range of $91,000 to $109,000 since late November.

• The 2-week realized volatility is at an annualized 32%, among the lowest in years.
• Options implied one-month volatility has dropped below annualized 50%, also a low point historically.
• The “Choppiness Index” indicates Bitcoin's current sideways movement is the highest since 2015.

This prolonged period of stability suggests that a significant price movement could occur soon. The direction of this potential breakout remains uncertain.