#BitcoinOptionsVolatilityHitsFiveYearLow đ BITCOIN VOLATILITY IS COOLING â BUT WHAT COMES NEXT FOR BTC? đ
$BTC
Reports citing 10x Research suggest front-month Bitcoin implied volatility has dropped to around 33.5%, its lowest level in five years.
This measures the volatility expected by options prices on an annualized basis. It does not mean BTC is expected to move 33.5% this month.
â ïž Lower volatility doesnât reveal whether Bitcoin will move up or down, and it doesnât guarantee a major move is coming. The market could remain calm.
đ BTC/USDT Market Watch:
* Current price: $82,694.17
* 24-hour change: -1.01%
* Resistance to watch: $84,352
* Support to watch: $82,311.50
đŻ My focus is on whether BTC breaks above resistance or falls below support and how price behaves when retesting these levels.
#BitcoinAnalysis #TradingStrategy
$BTC
Reports citing 10x Research suggest front-month Bitcoin implied volatility has dropped to around 33.5%, its lowest level in five years.
This measures the volatility expected by options prices on an annualized basis. It does not mean BTC is expected to move 33.5% this month.
â ïž Lower volatility doesnât reveal whether Bitcoin will move up or down, and it doesnât guarantee a major move is coming. The market could remain calm.
đ BTC/USDT Market Watch:
* Current price: $82,694.17
* 24-hour change: -1.01%
* Resistance to watch: $84,352
* Support to watch: $82,311.50
đŻ My focus is on whether BTC breaks above resistance or falls below support and how price behaves when retesting these levels.
#BitcoinAnalysis #TradingStrategy