Bitcoin Volatility Hits Record Lows, Easing Fear of 500% Bullish Storm?

Bitcoin price has recently experienced weeks of relatively quiet price action; this prolonged state of inertia should not necessarily be taken as bad news; such times often precede some of Bitcoin’s greatest rallies ever seen before it finally surges higher again. Let’s examine more closely.
Bitcoin Volatility Hits Record Low
Volatility can often have negative connotations associated with it; Oxford Languages defines volatility as the ability for something to rapidly and unexpectedly alter; in financial markets this term refers to price movements within any timeframe and how quickly or slowly prices change within that period.

Turning this tool on in BTCUSD shows that over a two week timeframe, Bitcoin’s market capitalization leader by market capitalisation is currently experiencing its lowest levels of volatility ever in its existence. Yet perhaps more significant, is that on its two most recent occasions of inaction–over 9000% and 2000% rallies–it led to historic jumps from $1,000 up to almost $20k at peak 2017. This makes Bitcoin one of the best-known cryptocurrencies around – from becoming household name through to its unprecedented surges uptake through 2017 that made its mark within its history as one of its strongest market caps ever seen against rival ether (ETHUSD).
Now the signal has returned, it remains to be seen what this will mean for cryptocurrency market and holders who have endured its recent sideways price action.Historically speaking, bitcoin’s historical volatility reaches record lows related to major bullish moves.
Third Time Is A Charm: Can Bitcoin Climb 200-500%? Volatility tends to fluctuate cyclically. After periods of high volatility and explosive price action, markets often transition into periods where prices move sideways painfully for an extended period. Once this sideways boredom ends it usually results in explosive price action just before its conclusion – often at twice its previous levels!

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However, recent events suggest otherwise and the recent trend has been upward. While BTCUSD may not see another 9,000% or 2,000% rally as it did between 2013 and 2017, but could experience anywhere between 200% to 500% increases over that same timeframe.
At 200% growth and $70,000/coin price point, Bitcoin might reach its maximum point during this cycle – approximately $144,000 – before reaching an inflexion point and bottoming out somewhere around $150k/coin; under 500% movement it could even hit $350K; higher multiples may yet occur but may become unlikely due to diminishing returns.
Tony Severino is the author of CoinChartist (VIP). Sign up free. Additionally follow @TonyTheBullBTC & @coinchartist_io on Twitter or join TonyTradesBTC Telegram for daily market insights and technical analysis education – please note this content should only be considered educational rather than investment advice!
Featured image from ChatGPT; charts from TradingView.com.