Bitcoin’s calm is back and so is the setup for a volatility explosion

According to CoinDesk, Bitcoin's price movement has become notably calm, with its trading range narrowing to between $62,000 and $65,000, the tightest since January. This reduced volatility, marked by the narrow Bollinger bandwidth, often precedes significant price shifts, although the direction of any potential breakout remains uncertain. Historically, such quiet periods have led to sharp movements, prompting traders to stay alert for a potential rise or fall in Bitcoin's value. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.