Bitcoin Volatility ‘Relatively Low’ Despite Market Shakeouts – Analysts Eye This Crucial Level

Quick Summary:

As BTC’s price continues to move sideways within its range, the flagship crypto looks "much stronger” than most of the market, "still looking perfectly fine when zooming out.” Daan added that "the demand for BTC is just so much higher compared to the rest of the market, especially during times of uncertainty.” However, crypto analyst Miles Deutscher highlighted that BTC’s search interest "is still sitting way below 2021 levels, despite sitting just under $100k.” This suggests that institutions are fueling the Bitcoin bull run while it is "no longer reliant on retail mania to pump BTC prices.” Related Reading: Solana (SOL) $200 Level Recovery Looks Very Solid’, Is The Bleeding Over?

Bitcoin Volatility Lower Than Q1 2024 The post-election pump saw the crypto market jump to new highs, with Bitcoin leading the climb.

Market observer Daan Crypto Trades noted that BTC’s volatility has been "relatively low” in the past few weeks, especially compared to the start of 2024.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: United Kingdom

Topics: Bitcoin Bullish Signal Crypto market Crypto analyst Bitcoin prediction Crypto Bull Run 2025 Bitcoin volatility Crypto trader BTCUSDT Crypto market correction Btc Bitcoin Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 09:30:19 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 72 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 25923382

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Main Topics: Crypto

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