{"id":451699,"date":"2020-12-08T01:00:21","date_gmt":"2020-12-08T01:00:21","guid":{"rendered":"https:\/\/wncen.com\/?p=451699"},"modified":"2024-06-11T14:09:04","modified_gmt":"2024-06-11T14:09:04","slug":"is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/","title":{"rendered":"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?"},"content":{"rendered":"

Bitcoin price is consolidating just below $20,000<\/a>. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish event. However, with such strong resistance above, the uncertainty surrounding the pandemic, the coming vaccine, and the change of power happening in the United States, there’s a recipe for rejection as well.<\/p>\n

And while signals are mixed and analysts are divided, the VIX volatility index could be warning of an extremely volatile drop to come.<\/p>\n

The Bearish Case: VIX Volatility In The Past Triggers Crypto’s Biggest Crashes<\/h2>\n

The cryptocurrency market is confused currently. After chaotic capitulation on Black Thursday, Bitcoin has done the unthinkable and risen from under $4,000 to nearly $20,000 in a year underscored by uncertainty, fear, and a pandemic<\/a>, unlike the modern world has ever witnessed.<\/p>\n

The world first learning of what was to come in March 2020, triggered the Black Thursday panic selloff<\/a> that cut the leading cryptocurrency by market cap down by over 60% in days.<\/p>\n

Related Reading | \u201cCyclical Nature Of Bitcoin\u201d Could Provide Clues On Continuation Or Correction<\/a><\/em><\/strong><\/p>\n

The burst of volatility \u2013 measured by the VIX – is the largest in the asset’s young history. Bitcoin was born during The Great Recession<\/a>, and the VIX hasn’t had anywhere near as sharp a spike as then, until 2020.<\/p>\n

\"bitcoin<\/p>\n

The VIX rose above a reading of 20 during most Bitcoin crashes historically | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
The Volatility Index<\/a> on Black Thursday spike to above a reading of 20, and has remained there since. The metric touched down on the key level, before beginning to turn back up \u2013 potentially signaling volatility ahead.<\/p>\n
And this could be a bad sign with Bitcoin trading below its most powerful resistance yet of $20,000. According to the chart above, most instances of the VIX rising beyond a reading of 20 has led to a sharp selloff in crypto. While the market is at extreme exuberance<\/a>, could this happen again?<\/p>\n
The Bullish Case: Bitcoin Historic Volatility Begins To Grow, Could Resolve to The Upside<\/h2>\n
Volatility is defined by Investopedia<\/a> as a representation “of how large an asset’s prices swing around the mean price,” adding that it is a “statistical measure of its dispersion of returns.”<\/p>\n
As the definition explains, volatility can move in either direction and doesn’t necessarily mean a drop. Bitcoin is considered one of the most volatile assets in history, yet even though it is testing $20,000, certain tools show volatility is extremely low<\/a>.<\/p>\n
The resolution of low volatility phases often results in periods of heightened volatility. This is measured by several technical indicators and is expressed in how tightly coiled or how wide the Bollinger Bands<\/a> are. Bollinger Band Width is a separate tool focused on only this.<\/p>\n
\"bitcoin<\/p>\n
Several volatility measuring tools show Bitcoin as historic lows | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
According to the tool and historical volatility<\/a>, Bitcoin’s bull run hasn’t even really started yet in terms of the volatility it will soon bring.<\/p>\n
Related Reading | Bitcoin Intraday Volatility Explodes, But Historically Is Only Just Getting Started<\/a><\/strong><\/em><\/p>\n
Looking at past cycles<\/a> and related measurements on each tool definitely demonstrates how little volatility is there currently by comparison. The largest increases in volatility in Bitcoin has always led to bull markets on the grandest scales. The VIX and the pandemic are unusual factors that weren’t applicable to past cycles, so anything is possible.<\/p>\n
And while the signals are mixed and analysts are indeed divided, there is a chance they are both right – Bitcoin is going to go down and<\/em><\/span> up \u2013 many, many times from here on out \u2013 until the asset has topped and it all starts over again.<\/p>\n
Featured image from Deposit Photos, Charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish event. However, with such strong resistance above, the uncertainty surrounding the pandemic, the coming vaccine, and the change of power happening in the United States, there’s a recipe for rejection as well. And while signals are mixed and analysts are divided, the VIX volatility index could be warning of an extremely volatile drop to come. The Bearish Case: VIX Volatility In The Past Triggers Crypto’s Biggest Crashes The cryptocurrency market is confused currently. After chaotic capitulation on Black Thursday, Bitcoin has done the unthinkable and risen from under $4,000 to nearly $20,000 in a year underscored by uncertainty, fear, and a pandemic, unlike the modern world has ever witnessed. The world first learning of what was to come in March 2020, triggered the Black Thursday panic selloff that cut the leading cryptocurrency by market cap down by over 60% in days. Related Reading | \u201cCyclical Nature Of Bitcoin\u201d Could Provide Clues On Continuation Or Correction The burst of volatility \u2013 measured by the VIX – is the largest in the asset’s young history. Bitcoin was born during The Great Recession, and the VIX hasn’t had anywhere near as sharp a spike as then, until 2020. The VIX rose above a reading of 20 during most Bitcoin crashes historically | Source: BTCUSD on TradingView.com The Volatility Index on Black Thursday spike to above a reading of 20, and has remained there since. The metric touched down on the key level, before beginning to turn back up \u2013 potentially signaling volatility ahead. And this could be a bad sign with Bitcoin trading below its most powerful resistance yet of $20,000. According to the chart above, most instances of the VIX rising beyond a reading of 20 has led to a sharp selloff in crypto. While the market is at extreme exuberance, could this happen again? The Bullish Case: Bitcoin Historic Volatility Begins To Grow, Could Resolve to The Upside Volatility is defined by Investopedia as a representation “of how large an asset’s prices swing around the mean price,” adding that it is a “statistical measure of its dispersion of returns.” As the definition explains, volatility can move in either direction and doesn’t necessarily mean a drop. Bitcoin is considered one of the most volatile assets in history, yet even though it is testing $20,000, certain tools show volatility is extremely low. The resolution of low volatility phases often results in periods of heightened volatility. This is measured by several technical indicators and is expressed in how tightly coiled or how wide the Bollinger Bands are. Bollinger Band Width is a separate tool focused on only this. Several volatility measuring tools show Bitcoin as historic lows | Source: BTCUSD on TradingView.com According to the tool and historical volatility, Bitcoin’s bull run hasn’t even really started yet in terms of the volatility it will soon bring. Related Reading | Bitcoin Intraday Volatility Explodes, But Historically Is Only Just Getting Started Looking at past cycles and related measurements on each tool definitely demonstrates how little volatility is there currently by comparison. The largest increases in volatility in Bitcoin has always led to bull markets on the grandest scales. The VIX and the pandemic are unusual factors that weren’t applicable to past cycles, so anything is possible. And while the signals are mixed and analysts are indeed divided, there is a chance they are both right – Bitcoin is going to go down and up \u2013 many, many times from here on out \u2013 until the asset has topped and it all starts over again. Featured image from Deposit Photos, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":451706,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,78790,6664,4524,76835],"class_list":["post-451699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nIs The VIX Volatility Index Forecasting A Major Bitcoin Crash?<\/title>\n<meta name=\"description\" content=\"Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T01:00:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:09:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1434\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony "The Bull" Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony "The Bull" Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/\"},\"author\":{\"name\":\"Tony \\\"The Bull\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?\",\"datePublished\":\"2020-12-08T01:00:21+00:00\",\"dateModified\":\"2024-06-11T14:09:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/\"},\"wordCount\":581,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"xbt\",\"xbtusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/\",\"url\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/\",\"name\":\"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434\",\"datePublished\":\"2020-12-08T01:00:21+00:00\",\"dateModified\":\"2024-06-11T14:09:04+00:00\",\"description\":\"Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434\",\"width\":2560,\"height\":1434,\"caption\":\"Volatility Wild Movement Prices Up Down Stock Market 3d Illustration\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"The Bull\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"The Bull\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?","description":"Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/","og_locale":"en_US","og_type":"article","og_title":"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?","og_description":"Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish","og_url":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-12-08T01:00:21+00:00","article_modified_time":"2024-06-11T14:09:04+00:00","og_image":[{"width":2560,"height":1434,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434","type":"image\/jpeg"}],"author":"Tony \"The Bull\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"The Bull\" Severino","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/"},"author":{"name":"Tony \"The Bull\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?","datePublished":"2020-12-08T01:00:21+00:00","dateModified":"2024-06-11T14:09:04+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/"},"wordCount":581,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434","keywords":["bitcoin","btc","btcusd","BTCUSDT","crypto","xbt","xbtusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/","url":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/","name":"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434","datePublished":"2020-12-08T01:00:21+00:00","dateModified":"2024-06-11T14:09:04+00:00","description":"Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434","width":2560,"height":1434,"caption":"Volatility Wild Movement Prices Up Down Stock Market 3d Illustration"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"The Bull\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"The Bull\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?","url":"http:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"The Bull\" Severino"}],"creator":["Tony \"The Bull\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcusdt","crypto","xbt","xbtusd"],"dateCreated":"2020-12-08T01:00:21Z","datePublished":"2020-12-08T01:00:21Z","dateModified":"2024-06-11T14:09:04Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/is-the-vix-volatility-index-forecasting-a-major-bitcoin-crash\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"The Bull\\\" Severino\"}],\"creator\":[\"Tony \\\"The Bull\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2020-12-08T01:00:21Z\",\"datePublished\":\"2020-12-08T01:00:21Z\",\"dateModified\":\"2024-06-11T14:09:04Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/12\/stock-market-bitcoin-vix-volatility-Depositphotos_250276858_xl-2015-scaled.jpg?fit=2560%2C1434","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/451699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=451699"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/451699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/451706"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=451699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=451699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=451699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}