The Bitcoin volatility index is near an all-time low level that is around October 2018 low.
I have already compared these charts (see below).
The fact is that after such a decrease in volatility, there is always a big move.
The question of up or down is the eternal question of most people in the market.
Locally, I think there will first be an upward movement with liquidations of short positions and then downward.
My opinion has not changed since November 2021 - we are going down and already …