Comparison of BTC and Historical Volatility (BVOL)

TF: D

Comparing symbol: BVOL

Pretty interesting set-up on Bitcoin and the crypto market in general. Bitcoin volatility is a historic low right now and historically when volatility reaches a low in this general area price action really ticks up (both downwards and upwards). This is marked by the pink horizontal lines on the chart.

I am expecting some big volatility and price movement over the next several months. Keep in mind that if volatility is low it doesn't mean an uptrend will occur and has no meaning in which way price will trend, it just signifies a potential increase in volatility. What is even more interesting is usually volatility spikes when lows are reached, but it looks like volatility is slowly trending down. With smart trading and a good understanding of price action, this might give great opportunities to capitalize on the market.