Deribit’s Bitcoin volatility index hits lifetime lows, hinting sideways action By Cointelegraph

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© Reuters.

Crypto options exchange Deribit’s future-looking (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of price turbulence for Bitcoin in the near future.

On July 24, crypto derivatives analytics platform Greeks Live noted that the volatility index for both Bitcoin and Ether (ETH) has fallen to a multi-year low of 37%.

BTC weekly Bollinger Bands, all time. Source: Twitter/CarpeNoctom