Our story begins in the realm of options. In crypto, it seems everybody fears it. But when it comes to a volatile asset like bitcoin, the opportunity is enormous.
It was July 2020 and bitcoin was stagnate. The price was range bound between $9,000 and $10,500 for three months.
Traders were growing restless.
It was near the end of July when our trading system began to fire off some signals that volatility was imminent.
Here is a chart of implied volatility during the week we started to get a signal… It’s a measure of how much volatility effects the price of an option. Needless to say, it was low.