Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.
Bitcoin's (BTC) volatility in the annual timeframe has dropped below that of top tech stocks, including Tesla, Meta, and Nvidia, signaling its growth toward becoming a more mature and stable asset class.
As of May 11, Bitcoin's 1-year realized volatility, which represents the standard deviation of returns from the mean return of a market, was at around 44.88%. In comparison, the annualized realized volatility of "magnificent seven" stocks such as Tesla, Meta, and Nvidia was over 50%.
Moreover, Bitcoin has shown relatively lower volatility compared to 33 of the roughly 500 companies in the S&P 500 index, noted Fidelity Investment in its latest report.
