The Bitcoin (BTC) volatility indicator is approaching a new yearly low, similar to the levels seen ahead of the 2023 rally. “Current indicator levels are similarly low, which could indicate the market is preparing for the next uptrend,” CryptoQuant contributor Axel Adler wrote in a Sept. 30 analysis note. Adler noted that Bitcoin’s low exchange flow values ​​were observed prior to the 2023 rally. Short-term Bitcoin inflows and outflows are significantly lower, suggesting that volatility is decreasing. Share your thoughts in the comments.