Bitcoin (BTC) Volatility Hits Multi-Month Low, Threatening Year-End Price Rally

Bitcoin's price volatility continues to compress, reaching some of its lowest levels in months. This sustained period of low volatility is casting doubt on the potential for a significant year-end rally in the cryptocurrency market. Analysts observe that such tight trading ranges often precede major price movements, but the current market indecision is dimming short-term bullish optimism. Key technical indicators suggest Bitcoin is in a consolidation phase, with traders awaiting a clear catalyst to break the pattern. The diminishing volatility underscores a cautious sentiment among investors as the year draws to a close.