VIX is too low and USDT.D is at median value + almost flat for few months.
I expect huge volatility on legacy market. Rising VIX get this chart's value into around 4.
If USDT.D drops in the meantime this will be faster.
Anyhow, I expect crypto market will be more profitable or cause less damage to your wallet in the coming months.
This is just my idea and not trading advice.
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VIX at the moment
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USDT.D at the moment
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Looks decent
Trade active
Forecast looks working.
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Aged well. #BTC was more profitable during this path
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2 scenarios Green and Red
Green: Legacy Market will be more profitable or less harmful for few months Red: Legacy market will be more profitable or less harmful for few months but with a lag... It is all about cycles through markets...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.