Bitcoin’s (BTCIn the last few days, volatility has decreased. Based on the Bitcoin Volatility Index’s calculations, the standard deviation for daily returns in the past 30 to 60 days is at 2.63%. Since November 2020, it is the most volatile..

In general tight ranges tend to be followed by price expansions. A strong rally occurred in mid-December 2020 after a period of low volatility in November. This resulted in an overcycle which took the price to $64,854 by April 14, 2021.