Bitcoin Historical Volatility Index #trading #shorts

3 May 2023 · 1 min

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0:42

In this YouTube short, the speaker highlights the Bitcoin Historical Volatility Index (BVHI) and argues that its current unusually low level is a strong historical signal for the next major price move. He cites two past instances when the BVHI was similarly low: one leading to a 50% price collapse from $6,000 to $3,000 during the 2018 bear market bottom, and another resulting in a 700% surge from $9,000 to $70,000 at the peak of a bull market. The speaker emphasizes that such low volatility has historically preceded either extreme capitulation or massive rally, making the present reading "huge" and puzzling why it isn’t more widely discussed.

Chapters

Something else that is very interesting, which is the Bitcoin Historical Volatility Index and how this is going to predict the next move for Bitcoin. Now, for example, the last time that the historical index was like so low, which is right now as well, the historical index is really low, Bitcoin either dumped 50% in the next couple of months from $6K down to $3K, which was the capitulation and the exact bottom of the 2018 bear market, as well as the other time that has happened, Bitcoin pumped 700% from $9K up to $70K, which is the peak of the bull market. market. Like right now, the fact that the Bitcoin Volatility Index is this low, historically speaking, is huge. And I don't know why more people aren't talking about this.