Analysts: Bitcoin to VIX ratio has hit long-term trend line, or marks the bottom of Bitcoin

Crypto 7x24

2025-04-13 12:17:50

On April 13, according to James Van Straten, senior analyst at CoinDesk, the S & P Volatility Index soared this morning to its highest level since August last year, indicating increased market uncertainty. James also said that the ratio of Bitcoin to VIX has hit a long-term trend line that historically has marked Bitcoin's bottom during major market events, followed by a price rebound.

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