₿ BITCOIN IS TOO QUIET… AND THAT’S THE PROBLEM 💀
Fundstrat believes Bitcoin is entering a period of extremely low volatility, with the 30-day range among the lowest in history.
In the 8 times with similar conditions:
→ Median absolute volatility in the next 60 days: 30.2%
→ 4 times up
→ 4 times down
In other words, this signal forecasts volatility—not direction.
The BTC bounce of about 2% on Monday was driven mainly by short covering, while open interest denominated in USD has fallen by roughly 8% since Friday.
The most notable part, in my view, is that the next 60 days could be very different from the last 60.😂
BTC: “Nothing is happening.”
Market: “That's exactly when something happens.” 💀
Sean Farrell also points out that rising real yields could become a catalyst to break the current low-volatility state.
Up 30% or down 30%? Nobody knows.
#Bitcoin #BTC #Fundstrat #BrainrotCrypto
Fundstrat believes Bitcoin is entering a period of extremely low volatility, with the 30-day range among the lowest in history.
In the 8 times with similar conditions:
→ Median absolute volatility in the next 60 days: 30.2%
→ 4 times up
→ 4 times down
In other words, this signal forecasts volatility—not direction.
The BTC bounce of about 2% on Monday was driven mainly by short covering, while open interest denominated in USD has fallen by roughly 8% since Friday.
The most notable part, in my view, is that the next 60 days could be very different from the last 60.😂
BTC: “Nothing is happening.”
Market: “That's exactly when something happens.” 💀
Sean Farrell also points out that rising real yields could become a catalyst to break the current low-volatility state.
Up 30% or down 30%? Nobody knows.
#Bitcoin #BTC #Fundstrat #BrainrotCrypto