IS A BIG MARKET MOVE COMING? 😨🚀

This chart tracks the price range over the past 60 days for #Bitcoin , highlighting compressing volatility. Historically, this has often preceded significant market movements. While it suggests a potential breakout is on the horizon, remember, past performance doesn't guarantee future results.

Here's the breakdown:

The chart focuses on the percentage range between highest and lowest prices over 2 months.

Compressing volatility indicates a tightening price range, often seen after consolidation periods.

Historically, low volatility has sometimes preceded significant market moves, suggesting a potential breakout could be imminent.

This is not a guaranteed prediction, and thorough research is crucial before any investment decisions.

#btc70 #Bitcoin❗ #Bitcoinarena