Lu-Ke

Bitcoin vs the VIX and VVIX

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Volatility, though high, appears to be wedging sideways, while the vol on vol (VVIX) has fallen. This typically indicates a falling VIX.
Bitcoin has a high correlation to the VIX (volatility of SP500) - see the 4 year history.
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