Realized volatility hasn't spiked even though #Bitcoin price continues to decline ⚠️

The direction BTC price is currently moving in (downward) does not have an expansionary impact on volatility — technically speaking, the current downward movement is not directional movement — if this is correct, Realized Volatility will spike when price moves in the opposite direction, in this case, upward. In terms of structure Bitcoin corrective trend and realized volatility, we have identified a pattern that, in most cases (positive probability), tends to result in a bullish breakout.

Setup:
Negative-to-Positive Indicator 🔻🔺 — short-term calm relative to long-term base — annualized realized volatility (short window vs. long window) while BTC price drifts lower.

This is a compression phase, which historically tends to precede a positive price breakout.
The compression is still high but losing strength — #BTC price could continue to pull back before a breakout occurs.
If the compression -10 -5🟨 it is highly likely that the structure is on verge of breaking. #BTC Price Analysis# #Macro Insights# #TechnicalAnalysis $BTC