In April, Bitcoin’s realized volatility experienced significant fluctuations. On April 12, it peaked at 94%, coinciding with a substantial price drop. This volatility decreased to 16% by April 20, as Bitcoin’s price stabilized around $85,000. However, a surge on April 23 raised one-week volatility back to 54%. Notably, open interest in $95,000 call options grew dramatically, signaling bullish trader sentiment. While one- and three-month realized volatilities remained at 56%, the market anticipates continued large price swings heading into key events. Overall, April highlighted a willingness to rise amidst ETF demand, with volatility quickly fading during calm periods.
Bitcoin short term realized volatility drops to 16% after early April spike
