BTC is back at the range lows and it’s not looking great for crypto markets. Actually, it’s not looking great for risk assets across the aboard. Almost every major stock index across the globe opened with a massive gap down.
Institutional members can tune in to Delphi’s latest analyst call tomorrow at 1pm ET to get the full rundown on markets, recent reports, and what’s on our team’s radar going forward
With Bitcoin sitting at the lows of its never-ending range, several traders and analysts believe volatility is imminent. But this isn’t necessarily true.
Implied volatility, which is the volatility with which the market prices options, has been declining ever since BTC’s price action started to decline. Since price is now trending in a particular direction (down), the market isn’t considered volatile. You can see the exact same pattern between Jan. 2021 and Apr. 2