VIX and the Line in the Sand

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So much to do rather than just look at the price of BTC and wonder if it is going up or down. BTC hates volatility, so let’s have a look at the VIX right now and what it is telling us.

Well we could see some action that’s for sure. They are both at very strong points of support. BTC likes a falling VIX, so if we see the VIX continue to new lows, we would be looking more closely at owning BTC on the long side. If volatility returns, then we want to be out of BTC.

Happy Trading!

Brandon Anderson
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derzzycharts
derzzycharts.com