Bitcoin’s Price Volatility Expectations Slip to Lowest in 3 Months
"Falling implied volatility suggests that markets are expecting sideways price action," one analyst said.
The exchange is planning to roll out futures tied to the index soon. It's not a "fear gauge" but an "action gauge."
Historically, the implied volatility spread has proven a reliable indicator of upcoming shifts in market leadership.
Bitcoin's call options are drawing higher value than puts.
Theoretically, the $80,000 call represents a bet that bitcoin would settle above that level on April 30.
The record bitcoin options expiry could be bearish overhang on the market.