Low Bitcoin Volatility stifles equities
November 5, 2024 Leave a comment
This study overlays Bitcoin volatility against the S&P 500 Index.
It is saying to me that when Bitcoin volatility is overbought, buy equities
And when #Bitcoin #Volatility (BVOL) is registering an RSI reading below 38, then it seems that equities are stifled, perhaps signalling a peak.
BVOL traded below 38 last week.
November 5, 2024
by Rob Zdravevski
Karri Asset Advisors
rob@karriasset.com.au
