Tuesdays are bad for Bitcoin in 2025, data reveals

Key Points

  • Tuesdays in February showed the highest average realized volatility at 82, with March 2025 being the most volatile month since early 2024.
  • Bitcoin's volatility spiked as it fell 30% from its all-time high, with one-month annualized daily realized volatility reaching 70.
  • Bitcoin's Realized Cap Net Position Change has significantly slowed to +0.67% monthly, compared to past peaks.
  • Analyst Ali Martinez suggests Bitcoin might be entering a bear market, with critical support levels between $66,000 and $69,000.

Summary

The article discusses the recent volatility trends in Bitcoin, highlighting that Tuesdays in February exhibited the highest average realized volatility at 82, with March 2025 being notably volatile since early 2024. This volatility coincides with Bitcoin's significant price drop of 30% from its all-time high, pushing its one-month annualized daily realized volatility to 70, well above the average of 50. Historical data shows similar volatility spikes, particularly after Bitcoin hit $73,000 in March 2024. Analyst Ali Martinez points to several metrics indicating a potential bear market, including a slowdown in Bitcoin's Realized Cap Net Position Change to +0.67% monthly, and a negative MVRV Ratio, suggesting a shift in market momentum. Additionally, the decline in Bitcoin's "hot supply" indicates a move towards longer-term holding among investors, potentially signaling a change in market sentiment.

yahoo
March 19, 2025
Crypto
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