#volatility

Bitcoin Volatility Hits 2-Year Low: Breakout or Breakdown Ahead? 🚀📉

$BTC just touched a new all-time high of $124,500 before pulling back to $121,500. CryptoQuant data shows BTC’s 30-day price range at its tightest in two years, signaling low volatility and a potential “coiled spring” effect. Liquidity is stacking above $120K and below $113K, setting the stage for a big move. 📊

Analyst Axel Adler notes this compression often precedes sharp range expansions. Will $BTC surge past $124K to new highs, or slip below $113K into a deeper correction? The 8-hour chart shows BTC at $121,596, holding above key moving averages (50 SMA: $116,948, 100 SMA: $117,653, 200 SMA: $112,495), with $123K–$124K as the critical resistance zone. 🧠

Traders are on edge—where do you think BTC is headed next? 👀