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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

<span>%d</span> bloggers like this: