BTC Price Poised for Breakout as Volatility Hits 10-Month Low—Here’s What’s Next
Low Implied volatility, critical golden cross signal, ETF inflows and Fed rate cut bets suggest BTC price could rally to new highs. Here’s what investors can expect from Bitcoin. Bitcoin’s Volatility Lull: Calm Before the BTC Price Storm? Volumex’s 30-day implied volatility for Bitcoin (BVIV) — a measure of expected BTC price swings — has plunged to July 2024 levels, its lowest in 10 months. Historically, such periods of “muted” volatility often precede explosive price moves. Here’s Why IV Matters: Low IV implies traders don’t foresee major breakouts soon, but prolonged consolidation typically ends with a volatility expansion (sharp up/down move). Additionally, high IV spikes often suggest extended moves and lead to reversals. A recent CoinGape article explores how this could be used to spot top formations for Bitcoin. A bull case scenario that can be interpreted from the ongoing low volatility regime if BTC price holds key support levels…. Read More at Coingape.com
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