Bitcoin's Cycle Volatility Forecasted to be Shallowest Yet
According to CryptoMichNL, Bitcoin's cycle volatility is expected to be shallower this time around due to lower historical norms in bull-market sigma volatility. This has eliminated the need for matching downside moves, labeling the current period as the 'final easy cycle.'
The BTC price prediction models are gaining support from this structural shift, which is said to mirror a Dot.com style chart rather than repeat past bear-market depth.
Looking at the 4h chart, Bitcoin is trading inside Bollinger Bands with upper resistance at $86,124.59 while RSI sits neutral at 58.77. The bullish MACD golden cross and price above both EMA50 at $84,356.88 and EMA200 at $81,126.2 point to a probable retracement toward the 50-EMA before continuation higher.