VIX inverse related to BTCUSD - with reference to my last post
In my last post I showed the inverse relationship of BTCUSD to the VIX. Looking on the current price trend of BTC and relate VIX/BTCUSD, we want "to make a shoe out of it".
I related therefore the VIX to BTCUSD instead of BTCUSD to the VIX to put following question accross:
- Given the fact that BTCUSD and VIX are inversely related - how deep do you think the VIX can fall from its present level? (focus as well on the rythmic cycle sequences of the VIX).
- Can it go down below 12? Then of course BTC can go up to 120.000 US$ or higher!
- What will it take for BTC to go to projected levels like 200.000 US$ or more of some optimistic fellows? VIX to high levels above 35 (and for BTCUSD to drop to say 85.000 US$) and then to rise sharply while VIX is coming down.
Play with this kind of thoughts - it will help you to see light in the present jungle of wild BTC projections. Have fun.....
I related therefore the VIX to BTCUSD instead of BTCUSD to the VIX to put following question accross:
- Given the fact that BTCUSD and VIX are inversely related - how deep do you think the VIX can fall from its present level? (focus as well on the rythmic cycle sequences of the VIX).
- Can it go down below 12? Then of course BTC can go up to 120.000 US$ or higher!
- What will it take for BTC to go to projected levels like 200.000 US$ or more of some optimistic fellows? VIX to high levels above 35 (and for BTCUSD to drop to say 85.000 US$) and then to rise sharply while VIX is coming down.
Play with this kind of thoughts - it will help you to see light in the present jungle of wild BTC projections. Have fun.....
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