Bitcoin volatility at 2.5-year low as traders brace for 30% move

Bitcoin trades near $82,538 with Bollinger Bands narrowed to $5,368 wide, the tightest reading in 2.5 years. Historical patterns show similar volatility squeezes have preceded 30% price swings, with past events resulting in either sharp declines below $58,000 or rallies above $87,000. The immediate price battle sits between $80,000 and $85,000, where a daily close above $85,000 could target $89,358, while a drop below $80,000 exposes support near $77,876.