🔥 Bitcoin Extreme Low Volatility: Big Move Coming!

22 juil. 2023

In this analysis I want to take a look at Bitcoin's extremely low volatility. I'm using my personal FREE indicator FT Volatility Depth which you can try for yourself over here:

Every time that this indicator flashes green (= low volatility), the market will make a big move in the near future. The market switches between two periods: periods of contraction (now) and periods of expansion (volatility). Put the indicator on your chart and see for yourself!

With next week's FED interest rate announcement, some volatility is to be expected. Maybe the market is preparing for it?

At the moment, the risk is to the downside. Stocks are falling and can potentially drag BTC down. Anyway, as long as the bottom support holds, the long-term trend is bullish.

You think we're going to break down or up? Share your thoughts 🙏

26 juil. 2023

Note

Volatility was predicted, and it came!