Bitcoin’s price experienced a slight upward push after a temporary rebound on Wednesday, but the leading crypto asset is still in a bearish state, now pulling back to $111,000. However, it appears BTC is likely to regain its upside momentum soon, as key on-chain metrics point to a decline in the ongoing volatile phase of the market.

Implied Volatility In Bitcoin Falls To New Lows

Amid the highly mixed market sentiment, XWIN Research, a Japanese expert, outlines a potential shift in the Bitcoin market trend from bearish to bullish. According to the expert, the ongoing pullback in BTC’s price is likely the calm before the storm, and on-chain data has confirmed that the market is easing.

Bitcoin’s Implied Volatility Ratio hints at this changing market trend, which has fa

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