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Wednesday

20 January 2021

Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?

Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?


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Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?

And while signals are mixed and analysts are divided, the VIX volatility index could be warning of an extremely volatile drop to come.

The Volatility Index on Black Thursday spike to above a reading of 20, and has remained there since.

Related Reading | Bitcoin Intraday Volatility Explodes, But Historically Is Only Just Getting Started.

And while the signals are mixed and analysts are indeed divided, there is a chance they are both right – Bitcoin is going to go down and up – many, many times from here on out – until the asset has topped and it all starts over again.

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