$BTC $BTC 📉 BTC VOLATILITY AT YEARLY LOW – MARKET AWAITS A CATALYST 📉
According to QCP Capital via Odaily:
🔹 Bitcoin is stuck in a narrow range
🔹 Implied volatility is cheap, but real volatility is even lower
🔹 Historical data shows volatility dips further before July
📊 Key Levels to Watch:
🔺 Above $110,000: Bullish Breakout
🔻 Below $100,000: Bearish Breakdown
Neither level has been breached, and no short-term catalysts are in sight.
📉 Despite strong U.S. jobs data pushing stocks up and gold down, BTC stayed flat, showing market fatigue.
💤 Signs of Slowdown:
Decreasing perpetual contract open interest
Slowing inflows into spot BTC ETFs
Options traders are rolling July calls to September, delaying bullish bets
📆 Until a new narrative emerges, BTC may remain in limbo.
WATCH: Is BTC gearing up for a quiet summer or a breakout move?
COMMENT: What’s your strategy in this chop zone?
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