“Get Ready” for BTC Volatility – 5 Things to Know About Bitcoin This Week

Up or down, it's high time for Bitcoin to take a meaningful step, according to market participants.

Bitcoin (BTC) begins a new week anyone guessing as a small trading range remains in play.

A non-volatile weekend continues a familiar status quo for BTC/USD, which remains just above $19,000.

Despite calls for a rally and a run to then lower macro lows, the pair has yet to make a decision on a path – or even signal that a breakout or breakdown is imminent.

After a brief period of excitement seen following last week's US economic data, Bitcoin is therefore back to square one - literally, as price action is now exactly where it belongs. was at the same time last week.

As the market wonders what it would take to break the range, Cointelegraph takes a look at potential catalysts in store this week.

For Bitcoin traders, this is an "almost too quiet" case when it comes to the BTC/USD weekly chart.

After a significant drop in volatility conditions during the first half of 2022, the last few months have been marked by an almost worrying lack of volatility.

Data from Cointelegraph Markets Pro and TradingView proves it: over week-long periods, Bitcoin continues to print candles with almost no one.

The stickiness of the current range is such that, as Cointelegraph has reported, the Bitcoin Historical Volatility Index (BVOL) has only bottomed a handful of times.

“Equity volatility (VIX) versus Bitcoin volatility (BVOL) is approaching all-time highs,” William Clemente, co-founder of digital asset research and trading firm Reflexivity Research,