Bitcoin volatility index strikes historical all-time low Zeynep Geylan · 3 days ago · 1 minutes checked out
The BTC volatility index stood at 11.46 since press time– the most affordable its ever been.
1 minutes checked out
Upgraded: December 27, 2022 at 3:06 pm
Cover art/illustration by means of CryptoSlate
According to TradingView information examined by CryptoSlateBitcoin (BTC) volatility index was up to its all-time most affordable on Dec. 27.
The chart above represents the BTC volatility index given that February 2017. The metric was up to the level of 20.00 towards completion of 2022 and kept being up to see its most affordable in BTC history at 11.46.
Prior to 2022, the all-time low for this metric was tape-recorded around simply above 20.00 throughout late 2018 and early 2019.
The chart above shows the exact same volatility index with a 7-day moving average. This chart reveals that each time the BTC volatility index strikes bottom, it tape-records an aggressive spike later.