Bitcoin Volatility Hits 5-Year Low! What Next? 🤔
Bitcoin front-month implied volatility just dropped to 33.5% - a 5-year low! Market is super calm right now.
But smart traders bought $204M in $78K-$80K puts for October. They are long on $BTC but hedging downside. Not bearish, just being careful.
DXY holding near 18-month high at 102.2. This is key level to watch.
Calm before the storm? I think $BTC will make a big move soon and $BNB will follow! 🚀
Are you bullish or bearish for October?
$BTC $ETH $BNB
#Bitcoin #CryptoNews
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Bitcoin front-month implied volatility just dropped to 33.5% - a 5-year low! Market is super calm right now.
But smart traders bought $204M in $78K-$80K puts for October. They are long on $BTC but hedging downside. Not bearish, just being careful.
DXY holding near 18-month high at 102.2. This is key level to watch.
Calm before the storm? I think $BTC will make a big move soon and $BNB will follow! 🚀
Are you bullish or bearish for October?
$BTC $ETH $BNB
#Bitcoin #CryptoNews
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