Analysis: Bitcoin’s 60-day range is now narrower than its current trading range

Glassnode indicates that a key indicator related to the BTC 60-day price range is sending a green light signal to volatility bulls. This means that price fluctuations may become more widespread, and recent fund flows have leaned towards bullish sentiment.

Glassnode's analysis shows that Bitcoin's 60-day volatility range is now narrower than the current trading range. Historically, this pattern has signaled a volatility outbreak.