🔥 Bitcoin Volatility Lows: Massive Move GUARANTEED 🚨
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I've made several analyses on Bitcoin's extremely low volatility over the last couple of weeks. In this analysis, I want to take a look at yet another metric that measures volatility: BVOL7D, on the daily chart.
On the top chart, white, you find Bitcoin's historical volatility. On the bottom chart, orange, you find BTC's price on the log scale.
Once BTC volatility reaches the yellow area, it indicates that volatility is extremely low. Historically, this has ALWAYS correctly predicted that a huge move was coming. Furthermore, 3 of the 4 previous moves were bullish.
Keep in mind we can continue to trade sideways for some time. But, I can guarantee you that a big >20% move is coming in the next few weeks. The million dollar question will be whether we're going to pump or to dump. I've made multiple analyses on either potential direction recently, but my bias is to the bearish side. Happy to be proven wrong!
Do you think we're going to see a big move soon? Which direction are you trading? Share your thoughts in the comments below 🙏
I've made several analyses on Bitcoin's extremely low volatility over the last couple of weeks. In this analysis, I want to take a look at yet another metric that measures volatility: BVOL7D, on the daily chart.
On the top chart, white, you find Bitcoin's historical volatility. On the bottom chart, orange, you find BTC's price on the log scale.
Once BTC volatility reaches the yellow area, it indicates that volatility is extremely low. Historically, this has ALWAYS correctly predicted that a huge move was coming. Furthermore, 3 of the 4 previous moves were bullish.
Keep in mind we can continue to trade sideways for some time. But, I can guarantee you that a big >20% move is coming in the next few weeks. The million dollar question will be whether we're going to pump or to dump. I've made multiple analyses on either potential direction recently, but my bias is to the bearish side. Happy to be proven wrong!
Do you think we're going to see a big move soon? Which direction are you trading? Share your thoughts in the comments below 🙏
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Binance Monster Signals: t.me/bms_futures
🔥Premium signals: www.fierytrading.com
