Bitcoin Volatility Near Record Lows - A Setup in the Making! 📈

$BTC has been consolidating near its all-time highs for several weeks, a sign of strength in itself. Interestingly, its implied volatility is approaching all-time lows, indicating reduced expectations of near-term price swings.

Historically, such periods of low volatility at high levels often set the stage for a strong directional move.

Patience here isn’t just a virtue, it might be a strategy! 🫳