Bitcoin's volatility is nearing a seven-year low, sitting just above the critical 0.37 BVOL level. This extended compression now sparks renewed focus on where the market could move next.
Volatility Flatlines at Critical Support
Since 2017, Bitcoin's BVOL has trended downward, with every volatility spike forming lower highs over time. "Spikes have reversed into lower highs consistently, showing a well-defined contraction phase," Coinvo noted.
0.37 Level Signals Key Inflection Point
The 0.37 floor has served as a launchpad for several sharp volatility expansions. While price holds above it now, history shows this level rarely stays quiet for long. Arrows mark each instance where the BVOL bounced after touching this base.
Market Prepares for Imminent Shakeup
Periods of extreme compression often precede strong breakout events across crypto markets. Bitcoin's current setup reflects a textbook volatility squeeze.
Monitoring Bitcoin's volatility metrics and its approach to the 0.37 BVOL level may indicate impending movements in the market, leading to increased trader interest.
