BTC: BVIV Rises in Lockstep With Price
BTC at $79501.71 as Volmex BVIV climbs alongside; 4h chart shows EMA50 support at $75763.2 despite MACD death cross.
SourceAnalysis
BTC and Volmex BVIV are rising in lockstep, as noted by trader Omkar Godbole, echoing recent Bitcoin volatility index explained patterns over the past year.
Price sits at $79501.71 above the EMA50 support level of $75763.2 in a bullish structure, yet the MACD death cross at 808.73 flags fading momentum while the pair tests upper Bollinger resistance near $80230.18 with RSI at 61.84; this setup informs BTC price prediction models watching for a pullback before continuation.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.
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