Bitcoin’s Implied Volatility Remains Low, But Hints at More Upside for BTC Price

Bitcoin (BTC) price soared 7.33% on May 8, setting up a daily high of $104,175. In total, BTC has soared nearly 22% since April 21. Despite this sudden spike and millions in liquidations, BTC’s 30-day Implied Volatility (IV) remains around 48 for the ninth day.

Source