we can see current BTC volatility has reached its lowest level since 2012 , At this level you can see price almost freezing or less than 1% change per day !
Note :Periods of low volatility are often followed by volatility expansions/breakout to either side
Chart reading : It only reached this level 11 times before BTC was pumped in 9 times after reaching this level BTC was dumped only twice after reaching this level (2014 and 2018)
So be sure you are ready for a big move soon!
write your thoughts/questions in comment section below⬇️
Interesting to see how it always worked out during past bear markets.
RikoReckless
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It’s part of modern society
arvine11
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as fractals bottom must be arround 80%+ which means 13k
Babenski
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@arviiine, if all want that then never … first rule when you trade BTC
itzvenom95
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2014, 2018, what year comes next? 😉
Babenski
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@itzvenom95, if history repeats itself then yes we still have a 50% dump …but old history not a guarantee for future specially when majority of traders what it
wargolynch
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@Babenski, The majority of traders are currently holding long positions on Binance Futures. The majority is composed of people not even participating in TV and Twitter polls. This plus the fact an important part of TV is betting on a new bullrun...
itzvenom95
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@Babenski I predict the bottom anywhere between 5th of November to 25th of November. If there's no new bottom until end of November I'm longing.
MathiasSandorf
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In both cases the dumps followed cycle peaks, which is likely our case now.