#TradingTools101 QCP Insights: Bitcoin Trapped in Narrow Range as Volatility Hits Year-Low
Bitcoin's implied volatility has dropped to its lowest level of the year as price action remains sluggish in the range of 100,000 to 110,000 USD. Traders are now ramping up bullish bets for September, amid fading short-term catalysts.
Bitcoin's implied volatility has dropped to its lowest level of the year as price action remains sluggish in the range of 100,000 to 110,000 USD. Traders are now ramping up bullish bets for September, amid fading short-term catalysts.