Extremely low intraday volatility may signal Bitcoin bottom, Joao Wedson notes

Extremely low intraday volatility may signal Bitcoin bottom, Joao Wedson notes
Low Bitcoin volatility signals possible bottom

Joao Wedson, industry influencer, questions whether the current Bitcoin market cycle is different from previous ones, highlighting that historically, market bottoms have formed during periods of very low intraday volatility.

Wedson also asks why it is difficult for investors to consider that this cycle could deviate from past patterns or if there is simply eagerness for the cycle to conclude.

Wedson has previously commented on market indicators when comparing Bitcoin and the U.S. Dollar Index, stating that annual changes in the DXY offer more insight than the level itself. He has also observed a slowdown in global money supply growth, pointing to a significant drop in Japan's M2 measured in U.S. dollars. These observations form part of Wedson's recent discussion on Bitcoin market cycles and investor sentiment.

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