Traders,
Bitcoin has recently become less volatile than the markets. The chart here represents Bitcoin's volatility over the Dow's. In the bottom pane you will see that as the red line rises, it indicates BTC is becoming more volatile than the Dow. As it falls? Less. Rarely, has it touched the zero point (horizontal red line in bottom pane).
As you can see from my chart, we have only touched the zero point area only 4x in previous history. We are now on the 5th. After each touch (represented by the vertical line), huge moves have followed. The first was a 50% drop. Everything else thereafter was fairly significant pops. So far, the data shows a 75% probability of a pop. Will we make it 80% with this touch or is another big drop in store?
Either way, a big move is incoming? What's your call? Post in the comments below.
Stew
Bitcoin has recently become less volatile than the markets. The chart here represents Bitcoin's volatility over the Dow's. In the bottom pane you will see that as the red line rises, it indicates BTC is becoming more volatile than the Dow. As it falls? Less. Rarely, has it touched the zero point (horizontal red line in bottom pane).
As you can see from my chart, we have only touched the zero point area only 4x in previous history. We are now on the 5th. After each touch (represented by the vertical line), huge moves have followed. The first was a 50% drop. Everything else thereafter was fairly significant pops. So far, the data shows a 75% probability of a pop. Will we make it 80% with this touch or is another big drop in store?
Either way, a big move is incoming? What's your call? Post in the comments below.
Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.