BTC/USD - Bitcoin volatility at the lowest point in 2018
Updated
The Bitcoin Volatility Index - which is comparable to the VIX - is now at the lowest point in 2018. This is very bullish for the market right now. Low volatility, high short interest, improving fundamentals in the market (like MAs turning up, MA bullish crosses, improving ichimoku cloud, and so on) - these all point to substantial higher prices in the time ahead.
Long BTC.
Best of luck with your trades/investments.
Long BTC.
Best of luck with your trades/investments.
Note
In this BTC sell-off, buy the dip, cautiously!Note
The crypto sell-off today coincides with a sell-off in the Nasdaq - while tech stocks are very strong, and the Nasdaq recently made a new all time high. Nothing to worry about.Note
I think I got it wrong. I now think that we will see lower yearly lows, and that the bear market may continue for quite a while.
It is all Fibonacci.
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