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Bitcoin’s Bullish Case Gets Stronger After NFP Data, Crypto Derivatives Expert Says

November 6, 2023
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Supporting the case for continued upside in bitcoin is the dwindling volatility within the U.S. inventory and bond markets. The S&P 500 VIX indicator has tanked from 21.13 to 14.19 previously 5 buying and selling days, whereas the MOVE index, an options-based measure of volatility within the Treasury bond market, has dropped from 132 to 118, in response to charting platform TradingView. Maybe tensions within the Center East are not the focus for the market.



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Tags: BitcoinsBullishcasecryptodataDerivativesExpertNFPstronger
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