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Analyst: BTC volatility has dropped to a two-year low, which may signal significant fluctuations are approaching.
BlockBeats news, on August 14, CryptoQuant analyst Axel Adler Jr stated, "According to the 30-day price high-low indicator, Bitcoin volatility has compressed to its lowest level in two years: the range between the highest and lowest prices over the past 30 days has narrowed, and the rolling high/low price range has squeezed the price within it. This compression typically reflects a balance of supply and demand and low realized volatility, which occurs when liquidity is concentrated at local highs (above $120,000) and lows (below $113,000). The possibility of price range expansion is increasing."