[Analysis] "Bitcoin volatility hits highest since 2022…market enters a 'new phase'"

An analysis has found that Bitcoin (BTC) price volatility has recently reached its highest level in four years.

On the 11th (local time), an Arab Chain contributor to CryptoQuant said via CryptoQuant that “Bitcoin’s 7-day annualized volatility, based on Binance data, has approached about 1.51,” adding that “this is the highest level since 2022.” The contributor noted, “These figures suggest more than a temporary spike in price swings—they indicate the market is shifting from a relatively stable range-bound regime to a higher-volatility regime,” and added, “Such shifts typically appear ahead of large-scale repricing or the emergence of a strong directional move.”

Other figures were also cited. Arab Chain said, “30-day annualized volatility remains around 0.81, and 90-day annualized volatility around 0.56,” analyzing that “the structure of lower volatility over longer horizons suggests the recent sharp moves have not yet spread into a long-term volatility regime.” It added, “This is a pattern commonly seen during ordinary correction or rebalancing phases.”

Arab Chain also pointed out that “Bitcoin’s ATR (average true range) ratio is also around 0.075, historically among the lowest levels.” It said, “Compared with fear-driven phases or strong rally periods, the average daily price range has narrowed,” adding that this “suggests investors’ risk appetite has weakened and the share of high-leverage positions has declined.”

As for the current market, it was assessed as a phase of “gathering energy.” Arab Chain said, “Structurally, a market environment with a narrow trading range can be interpreted as a basing process ahead of a new trend,” and projected that “the next volatility expansion will come with a clear direction, whether upward or downward.”