Bitcoin volatility has fallen to its lowest level in nearly a year as BTC remains trapped in a narrow trading range, but the crypto options market shows investors are still willing to pay a premium for protection against further price declines. Bitcoin has traded between roughly $62,000 and $66,000 since early July. Against this backdrop, Volmexs Bitcoin Volatility Index (BVIV), which tracks 30-day annualized implied volatility, dropped to 35.59% over the weekend, its lowest reading since September. BVIV is often viewed as the crypto markets equivalent of Wall Streets Cboe Volatility Index… Read more
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Bitcoin chart pattern points to a potential rally to $76,000 if resistance breaks at $66,800. Key levels, price targets, and Bitcoin Hyper L2 analysis inside.
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