Bitcoin: Less Volatile Than Magnificent 7 Stocks

Michaël van de Poppe notes Bitcoin trades with less volatility than the Magnificent 7 during earnings season, when several large-cap names moved 10% or more on results.

Grayscale data cited in the post puts Bitcoin annualized realized volatility at 43%, below its decade average of 64% and beneath roughly 19% of S&P 500 constituents.

Bitcoin at $81076.93 sits inside its 4-hour Bollinger Bands with the upper band at $81890.01 acting as immediate resistance and the lower band at $79326.29 as support. The EMA50 at $81014.62 functions as short-term floor while the EMA200 at $81688.66 caps upside; MACD remains in bullish territory after the golden cross and RSI at 52.38 shows neutral momentum. Price action therefore favors a test of the upper band before any deeper pullback toward the 50-EMA confluence.