Bitduke

Bitcoin - In a tight range, Low Volatility

Bitduke Updated   
BITMEX:XBTUSD.P   Bitcoin
Price action is boring last 2 days, after drop from $10k bitcoin price in a tight range, volatility is drying up. BVOL24H actually at low levels, so I expect high volatility soon.

The last BTC fall coincided with the fall of SPX , so it would be logical to expect some movement from the opening of the stock market on Monday.

I'm flat and slightly more bullish biased because we are still on the support that is still holding good. Long volatility seems also a good idea.

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.
Comment:
SPX futures down, below 3000. Not good for BTC considering latest correlation

Comment:
Bounced off support, definitely won't be short here


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