Must see for trading! Volatility Index released!
The volatility index DVOL for $BTC has dropped below 50, currently at 47;
For 96% of the past year, DVOL has been greater than the current value, with a maximum of 92 and a minimum of 41 over the past year.
A significant drop in volatility indicates that the market believes BTC will neither drop significantly nor rise significantly, and will consolidate for a period of time.
The relevant data in the figure below is for your reference!
