VIX just ripped +35% 📈
But hold up — this doesn't auto-translate to $BTC dumping (yet).
Historically, $BTC has bounced AROUND sharp VIX spikes. Extreme fear = capitulation = often a local bottom.
The real tell? Whether VIX peaks here or keeps ripping.
🔑 Levels to watch:
• Rejection from 23.39 → supports the bounce
• Weekly close ABOVE 23.39 → next stop is 30, and that's when things get spicy
Covering this live tonight. Don't fade the macro.
But hold up — this doesn't auto-translate to $BTC dumping (yet).
Historically, $BTC has bounced AROUND sharp VIX spikes. Extreme fear = capitulation = often a local bottom.
The real tell? Whether VIX peaks here or keeps ripping.
🔑 Levels to watch:
• Rejection from 23.39 → supports the bounce
• Weekly close ABOVE 23.39 → next stop is 30, and that's when things get spicy
Covering this live tonight. Don't fade the macro.