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 (HVIX) and argues that its current unusually low level is a strong indicator of an imminent major price movement. He references two past episodes when the HVIX was similarly low: in 2018, Bitcoin fell about 50% from $6,000 to $3,000, marking the bottom of a bear market, and in 2021, Bitcoin surged roughly 700% from $9,000 to $70,000, reaching a bull‑market peak. The speaker suggests that the present low volatility mirrors those historical conditions, making it a significant predictive signal, and expresses surprise that this insight is not more widely discussed.

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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.