Posteo

$BTC has now experienced a ~53% correction from its ATH. At the same time, volatility is approaching yearly lows. Historically, periods of compressed volatility have often occurred close to bear-market bottoms. In my view, this is an area to start looking for long opportunities and gradually building spot positions. Don’t be the one shorting into the potential bear-market bottom. The risk/reward is increasingly unfavorable for bears.