Crypto Contest May 5: Bitcoin Volatility

[maarnio]

Bitcoin Historical Volatility Index (BitMEX: BVOL) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, BVOL began a red wave A advance on February 8. The red wave A finished on April 6, and the red wave B correction ended on April 28. If this wave count is correct, BVOL should be heading next towards the April 6 peak in the red wave C.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

The BitMEX 30 day Historical Volatility Index is referred to as the .BVOL Index. The Index is the rolling 30 day annualised volatility of the daily 11:30 UTC to 12:00 UTC Time Weighted Average Price (TWAP) of Bitcoin / USD.

(Sources: https://www.bitmex.com/app/index/.BVOL)

How Will Bitcoin Historical Volatility Index Trade?

Bitcoin Historical Volatility Index (BitMEX: BVOL) daily chart by Tradingview.

(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

BVOL will takeout the April peak

BVOL will drop below the February low

BVOL will stay in a trading range between the February low and the April peak until June 9

Posted Using LeoFinance

Comments

[voice71]

BVOL will takeout the April peak

[zazamorton]

BVOL will drop below the February low

[seemoon]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@seemoon/qbnk4u

[tanqu]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@tanqu/qbn7ep

[oneacc]

BVOL will drop below the February low

[aminator]

BVOL will drop below the February low

[nezyar]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@nezyar/qbn2cb

[bitandi]

BVOL will drop below the February low

[vlemon]

Dear @maarnio

My guess: BVOL will takeout the April peak

I really enjoy your work and analysis.

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Would be more than happy to discuss it or if you can help us in any way you can.

Best,

@vlemon

[toofasteddie]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your post:
https://hive.blog/hive/@toofasteddie/three-months-since

[monnet]

BVOL will takeout the April peak

[pipp]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@pipp/qbn5zb

[koskl]

BVOL will drop below the February low

[gregory-f]

BVOL will takeout the April peak

[eii]

BVOL will stay in a trading range between the February low and the April peak until June 9

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$trdo
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[maarnio]

!BEER

[maarnio]

Correct. Upvoted your post:
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[eii]

!BEER

[beerlover]

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[beerlover]

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[mshares]

BVOL will takeout the April peak

[novelcoronavirus]

BVOL will drop below the February low

[helex]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@helex/re-maarnio-qbr8ny

[limit1984]

BVOL will takeout the April peak

[dangerousattack]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your comment:
https://hive.blog/hive-167922/@dangerousattack/qbnl4z

[kohr]

BVOL will drop below the February low

[sait]

BVOL will drop below the February low

[mhsm]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your post:
https://hive.blog/leofinance/@mhsm/decline-in-cryptocurrencies

[verhollo]

BVOL will takeout the April peak

[muscarno]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

Correct. Upvoted your post:
https://hive.blog/gems/@muscarno/money-laundering-scandal

[asetat]

BVOL will drop below the February low

[frit]

BVOL will takeout the April peak

[jznsamuel]

BVOL will stay in a trading range between the February low and the April peak until June 9

[maarnio]

$rewarding 70

[rewarding]

The reward of this comment goes 100 % to the author jznsamuel. This is done by setting the beneficiaries of this comment to 100 %.