@alieno
#Bitcoin Weekly Volatility Index New Signal π¨
ποΈEvery time the volatility index drops below 1 the market reacts strongly in the following weeks !!
In the last 12 Months, it gave 4 Different Important Signals so let's break it down π
π’ January 2024 dropped below 1 then it was followed by the rally in March into All time Highs.
π΄ It Dropped below 1 in May, marked the Bottom in June around 0.5 leading into the August 2024 Dump.
π’ Reached 1 In September, Marked the bottom in October around 0.7 then price rallied into November.
π’ Reached 1 Late December then price rallied in second half of January
πThe new signal is currently in progress as it dropped again below 1 this month " February " so in the coming weeks we could see bottom followed by strong volatility in the price of $BTC
Up πΌ or Down π½ ?