Cryptocurrency, equities, and gold markets are exhibiting unusually low volatility, historically a precursor to significant price movements. Bitcoin’s 30-day volatility hovers near multi-month lows, reminiscent of levels last seen ahead of its major rally in 2021.
This pattern extends beyond cryptocurrency. The S&P 500 recently recorded volatility figures not witnessed since 2022, while gold’s volatility matches lows established back in 2020. Concurrently, the BTC/gasoline ratio indicates Bitcoin is outperforming energy markets – an indicator last observed signaling significant crypto moves in 2017.
Specifically for Bitcoin, an important technical signal exists near the current price range. An on-chain ‘air gap’ resides between $110,000 and $117,000; falling decisively below this critical zone could trigger a pronounced market shift.
Market analysts note that such prolonged periods of compressed volatility across major asset classes are rare. Historical patterns suggest this environment rarely remains static for long, pointing to an imminent and substantial breakout or breakdown across Bitcoin and related markets.