Cryptocurrencies Enter Pullback Trend with Falling Implied Volatility

8/27/2024 3:17:46 PM

According to @GreeksLive, cryptocurrencies are entering a pullback trend following multiple unsuccessful attempts to hit resistance levels. Implied volatility (IV) has significantly decreased across all major terms, with Bitcoin's Dvol currently below 50%. This level of IV has only been observed 30% of the time in the past year. (Source)

Bitcoin BTC cryptocurrencies implied volatility Dvol

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