Written by

Vetle Lunde

Senior Analyst

16 May 2023

A climate ripe for a move?

BTC faced eight consecutive days of negative returns with a brief push towards a $25k retest, only to return to the $27,000 area for the fourth Tuesday in a row.

In short

Implied volatility at all-time lows as activity dwindles. A climate ripe for a move?


3mth IV at all-time lows

Tether did not buy 52,000 BTC in Q1, 2023

Fourth consecutive $27k BTC Tuesday