Reading the Bitcoin signals

In this October 9th, 2020 post I highlighted the 10 year low in Bitcoin volatility (BVOL) and in 6 out of 7 previous times that we saw an extreme low in BVOL, the price of Bitcoin rallied ‘notably’.

Since then it has risen from the $10,800 mark to $19,200…….or 78% in 8 weeks.

The BVOL story has also changed. It has risen from 29 to 71.

December 2, 2020
by Rob Zdravevski
rob@karriasset.com.au