Bitcoin volatility index - Waiting for a volatile November

23 oct. 2022

The Bitcoin volatility index is near an all-time low level that is around October 2018 low.
I have already compared these charts (see below).
The fact is that after such a decrease in volatility, there is always a big move.
The question of up or down is the eternal question of most people in the market.
Locally, I think there will first be an upward movement with liquidations of short positions and then downward.
My opinion has not changed since November 2021 - we are going down and already near the bottom. For this, we lack the last dive down with multi-billion dollar liquidations of large and small players in the market.
Who benefits? Manipulator.
Who is the manipulator? The largest crypto exchanges with futures trading like - Binance, FTX, Bybit, Okex, Huobi, and others.
For those with a short memory, remember when Binance bought Coinmarketcap - after the covid fall in 2020.

Best regards,
EXCAVO

23 oct. 2022

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