According to André Dragosch (@Andre_Dragosch) on Twitter, the latest Bitcoin price chart reveals significant support and resistance zones crucial for traders. The visual shared on May 12, 2025, indicates that Bitcoin is consolidating near a major support level, potentially setting up for a breakout or breakdown scenario. This information is vital for crypto traders monitoring BTC’s short-term momentum and planning entry or exit points, as chart patterns often precede high-volume moves in the market (source: André Dragosch, Twitter, May 12, 2025).

According to André Dragosch (@Andre_Dragosch), recent data shows that Bitcoin's volatility has reached its lowest level in the past 12 months, as highlighted in his latest tweet referencing updated volatility charts. This low volatility environment is significant for traders, as it often precedes major price movements and may signal a potential breakout scenario. Historical patterns indicate that periods of compressed volatility can lead to increased trading volumes and rapid price shifts, making it crucial for crypto traders to adjust their risk management strategies accordingly (Source: @Andre_Dragosch via Twitter, May 11, 2025).