Bitcoin: Bitwise Flags Low Vol Reversal

Bitcoin implied volatility mean reversion accelerates after Bitwise research flagged the lowest readings in years, with sub-40 levels historically resolving sharply higher.

Price action on the 4h chart shows BTC at $77686.9 testing upper Bollinger resistance at $77866.13 while RSI(14) at 94.55 flashes overbought; the MACD golden cross at 3077.26 keeps the bullish structure intact above EMA50 support at $67131.2, pointing to a healthy retracement before continuation that matches cycle low timing models from May 2026.