๐Ÿ“Š Bitcoin volatility is falling, but extreme price swings haven't disappeared.

BTC recorded 10 three-sigma trading days in 2026, compared with 8 during the entire 2018 bear market.

Annualized volatility has dropped from 84% in 2018 to around 46%, yet sudden moves remain a major risk.

The takeaway: lower volatility doesn't mean lower tail risk.
Institutional adoption may deepen liquidity, but macro shocks and leveraged positioning can still trigger sharp moves.

#dyor #NFAโœ