BVOL is squeezing lending for a spike in volatility.
Two outcome from this big move is a bart up to the next Mayer band at 33k or Dump to 12k.
The lower target is extrapolated from the Myers band and a parallel line to the log curve.
However note that the price is at the historical support of the log curve and price never went below it. But never say never.
Personally my bias is a bart up.
Two outcome from this big move is a bart up to the next Mayer band at 33k or Dump to 12k.
The lower target is extrapolated from the Myers band and a parallel line to the log curve.
However note that the price is at the historical support of the log curve and price never went below it. But never say never.
Personally my bias is a bart up.
