Bitcoin’s price movement has been rather calm over the past months, with volatility levels decreasing to a historical low — this is what data from the online analytics company Skew shows. However, the analytics company warns that the outlook for November is increasing volatility taking place as Bitcoin enters a new phase of more significant value appreciation jumps and surges.Source: SkewExamining the historical data on Bitcoin volatility, the spikes above $10,000 usually led to periods of large rallies or a bearish sentiment. However, the past couple of months saw Bitcoin’s price fluctuating between $10,500 and $12,000, which indicates a strong support at $10,000.The volatility decrease makes large-scale investors, and asset managers may consider that Bitcoin’s price could take a turn in the green rather than a plunge downwards. Crypto analysts also consider the detachment of Bitcoin’s price from the traditional stock market to be a catalyst for the world’s biggest cryptocurrency. Since the COVID-19-related market crash in March, both Bitcoin and the stock markets moved in parallel, but in the past week, the crypto leader price movements were independent.“Bitcoin rallies to almost $12k while stocks stumble as the cryptocurrency is emerging as a relative oasis of calm and outperformance. Crypto fans are closely watching the $12,000 level as a major hurdle to cross before it can embark on a bigger rally,” market analyst Holger Zschaepitz stated.Long-term Bitcoin investors, like the Winklevoss twins, are also optimistic about Bitcoin’s upwards price action in the future. The co-founder and CEO of Gemini, Tyler Winklevoss, highlighted that Bitcoin is in a consolidation period “within striking distance of $12,000.” Consolidation trading below a key resistance value is typically considered as a medium-term bullish stance.However, Bitcoin’s upwards rally may be stopped by “old hands sell-off” — when investors are cashing out large profits.Crypto enthusiast and analyst…