Bitcoin Volatility Still Low Compared To Past Cycle: Is BTC Ready To Hit ATH In 2024?

Quick Summary:

Bitcoin has surged over the past few days, sparking a shift in market sentiment as investors take notice of its renewed momentum.  Despite the recent price gains, key data from Coinglass reveals that Bitcoin’s volatility remains notably low compared to past cycles.

As Bitcoin continues to climb, breaking through key resistance levels, traders are left wondering if this sustained, low-volatility environment will persist—or if a sudden shift could propel BTC to new heights.

If BTC manages to break past this resistance and solidify support, a rapid challenge to local highs around $65,000 is expected, with the possibility of testing $69,000—the previous all-time high set during the 2021 cycle.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: BTC Price Action Bitcoin price Btc Bitcoin news Bitcoin technical analysis Bitcoin (BTC) BTC price analyss BTCUSDT Bitcoin Uncategorized

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-21 @ 21:00:44 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 52 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22633316

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 2 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 20 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions