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BTC in very low volatility. What's the next?

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@softmetal
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BTC has been in extreme low volatility for quite some time. When BTC is in such low volatility, it means that we will a huge break out very soon. The question is up or down?

One can certainly take a guess, and will have a 50% probability to get the correct answer. Before guessing, it is very helpful to take a look at the historical data. You probably remember that from September to November in 2018, BTC was trading in very low volatility around $6k for two to three months, and then broke downwards to $3k. If we see a similar crash this time, I won't be surprised.

Right now, the daily 21 EMA and 50 MA act as resistance, and we are also seeing several lower highs. If BTC decides to break upwards, it at least needs to break the 21 EMA and 50 MA resistances, and make a higher high. If BTC fails to do this, a break to the down side will become more and more likely.

But who knows? As I said, everyone can guess, and everyone has a 50% probability to get the correct answer. Time will tell. It could be very soon, or it could be as long as several months. So let's see.