BTC vs VIX
A combined chart between the VIX indicator with Bitcoin and a separate Bitcoin chart (below) and the resulting in front of you:
- The built-in BTC/VIX top section shows that yesterday its movement reached the bottom of the trend.
- The arrival of the BTC/VIX indicator for the trend every time means that Bitcoin has achieved a bottom.
- The strange thing is that this time it is equivalent to major lows: the bottom of 2015-2020 (Corona)-2022.
Although the break is monthly and volatility and pressure may continue, it makes clear that this month is August the lowest number that Bitcoin will record before the main high.
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