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This is the 5th lowest 60-day volatility reading ever on BTC

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@jondoe
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The last 4 times we saw volatility this low (or lower) Bitcoin moved big time

I think it's safe to say we are going to see a big move here soon on BTC.

It's only a matter of when.

Of those 4 other times when volatility was this low, bitcoin moved higher in 3 of the 4:

(Source: https://twitter.com/BobLoukas/status/1283442567015800834)

Based on that trend, odds would seem to favor the big move being up.

However, I don't like going off of that sort of data.

Looking at the overall charts, halving trends, and macro environment, I like our chances of moving a lot higher.

Posted Using LeoFinance