Bitcoin saw a 600% rally the last time this happened

Even if a past event does not mean that the same thing will happen in the future, some investors trust Bitcoin in the short term. The reason is the current low volatility of the largest cryptocurrency on the market, which has reached its lowest level in history.

As such, one investor noted that Bitcoin spiked 600% the last time volatility was this low, kicking off the big 2021 bull run that took Bitcoin to $69,000.