Is Bitcoin’s Period of Calm the Prelude to an Imminent Volatility? 🤔

#bitcoin is currently experiencing a period of low #volatility and narrow trading range, with various indicators suggesting that this might not last for too much longer.

The lowered realized volatility and decreased trading volume in Bitcoin derivatives markets could lead to short-term volatility in both directions.

Despite the current calm, some experts believe that the setup for a rally remains favorable, especially with positive fundamentals and the potential for a spot #ETF approval in the future.

However, in the meantime, there could be periods of uneventful market action interspersed with short-term moves due to market illiquidity.

#Binance

#crypto2023