BTCUSD paired with the VIX Fear and Volatility Index of the traditional US market gives a bull run signal. This was pointed out by Tony Severino, analyst from#NewsBTCand founder of #CoinChartist:
"Every time BTCUSD/VIX touched the trend line, growth began
Is it different this time?"
The previous touch of the trend line on this chart was in November-December 2022, at the bottom of the previous#BTCcycle. And before that - at the "corona" dump. And what's interesting is that then the touch was with about the same downward squeeze as the other day. Which adds arguments to our opinion that the past market dump was the same large-scale long squeeze of the crypto market before the start of active growth.
