**News News**
Bitcoin: why the 'air gap' of BTC at $117k could spark major market changes
U.S. stocks and gold have sunk to several-month lows, paving the way for a potential storm.
Bitcoin, in particular, has forged an 'air gap' on-chain during its sprint from $110k to $117k, now serving as a critical support zone below its ATH.
And with the BTC-Gasoline ratio hitting fresh highs and lows, even oil traders are starting to pay attention.
Is this the calm before a significant disruption of cross-assets? The signs point that way.
✨Volatility compression is nearing a breaking point
Volatility in major asset classes is drying up... and that is rarely a sign of stability.
According to fractal data, Bitcoin's 30-day volatility, the S&P 500, and gold are now hovering near several-month lows, mimicking past calm periods that preceded major market swings.
This type of 'volatility compression' often acts like a coiled spring, especially when observed simultaneously across asset classes. With all three now in lockstep, the odds of an imminent shake-up of cross-attacks are rapidly increasing.
✨Bitcoin oil signals are flashing again
A less seen but surprisingly revealing chart is lighting up again: The bitcoin-gasoline ratio.
For the third time since 2017, this ratio presses against a long-term upward trend line; levels that previously marked major local tops.
With Bitcoin recently outperforming energy markets and gasoline prices remaining sticky, the breakout has caught the attention of both commodity traders and crypto analysts.
The movement of the ratio suggests a potential turning point: either Bitcoin decisively pushes through this resistance, or history repeats itself, and we see a sharp reversal.
Gaps don’t stay silent forever
The vertical rally of Bitcoin from $110k to $117k left behind a classic 'Air Gap' on-chain; a zone with little accumulation and low historical trading density.
These spaces often act like thin ice: resilient while the price remains above, but fragile under stress.
As BTC continues to trade near its ATH, this gap now serves as a critical support level. If it fails, history suggests it could evolve into a bottom range.
In a market boost for volatility, this overlooked zone may be the first line of failure to watch.
