Bitcoin's 180-day volatility has reached a historical low, a condition that has often preceded price surges, according to BitJie. Historical data indicates that 9 out of 11 similar instances led to price rebounds. In the past 48 hours, $492 million worth of Bitcoin has been moved from exchanges to private wallets, reflecting increased long-term confidence among investors. Additionally, the funding rate for Bitcoin futures has climbed to 0.0089%, suggesting a bullish sentiment among traders. VALR CEO Farzam Ehsani notes that macroeconomic and institutional factors are driving this momentum, though he cautions about a possible short-term pullback before a sustained rally.
Bitcoin's Low Volatility and Exchange Withdrawals Hint at Potential Rally
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