🔥 The Calm Before the Storm: Bitcoin's Volatility Analyzed
In our latest analysis, we explore Bitcoin's unfolding volatility patterns. Notably, the bottom indicator highlights a distinct drop in Bitcoin's 7-day volatility, as depicted by the green metric.
Historical data consistently suggests that such low volatility precedes significant market movement. While periods of low volatility can span weeks, they invariably culminate in a pronounced shift.
Previously, I discussed Bitcoin's volatility and predicted a potential downturn risk. My perspective remains unchanged. Given that September traditionally presents challenges for crypto performance, and considering the precedent set by pre-halving years exhibiting roughly 50% bullishness (a trend we observed at the year's start), there's a strong inclination toward upcoming bearish trends.
Although positive ETF news might temporarily boost the market, a surge in selling is anticipated in the near future.
If you wish to use this indicator yourself, check out this link below:
Which direction do you think that the market will go? Share in the comments 🙏
Historical data consistently suggests that such low volatility precedes significant market movement. While periods of low volatility can span weeks, they invariably culminate in a pronounced shift.
Previously, I discussed Bitcoin's volatility and predicted a potential downturn risk. My perspective remains unchanged. Given that September traditionally presents challenges for crypto performance, and considering the precedent set by pre-halving years exhibiting roughly 50% bullishness (a trend we observed at the year's start), there's a strong inclination toward upcoming bearish trends.
Although positive ETF news might temporarily boost the market, a surge in selling is anticipated in the near future.
If you wish to use this indicator yourself, check out this link below:
Which direction do you think that the market will go? Share in the comments 🙏
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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