Bitcoin: BVIV Volatility Index Tops 42%

Bitcoin long volatility trading strategies delivered strong results after the August 10 setup, pushing the BTC BVIV index above 42%.

Price action on the 4h chart sits at $74444.98 inside the Bollinger band with upper resistance at $75044.09 while RSI(14) at 92.22 signals overbought conditions and MACD confirms the bullish golden cross; a healthy retracement toward the EMA50 support at $66303.53 looks probable before further upside continuation in Bitcoin long volatility trading strategies and BTC price prediction models.