
Two Ways This Bitcoin Bull Market is Sturdier Than 2020-21 and 2017
Bitcoin BTC$104,957.08 has long been criticized for its high volatility, with bull runs marked by sudden, sharp pullbacks that would qualify as full-blown bear trends in stocks. However, the latest bull market, which kicked off in early 2023, feels different in a positive way, exhibiting relatively low volatility and drawdowns. Volatility in downtrend According to data tracked by Glassnode, bitcoin's realized volatility on a three-month rolling basis has averaged less than 50% during this bull cycle, significantly lower than the 80% to 100% observed during previous bull runs. The same thing can be said about the 30-day implied volatility, tracked…








