The BTC Price Volatility Index closed the first green candle since December 24 yesterday.

(Again, no screenshots - Binance Square has not allowed adding charts since yesterday, a temporary glitch)

There is a prospect of the Index reversal upwards, given that we were expecting a reversal on January 1-3. Now, it seems, the Index is finally reversing.

If we compare it with previous periods on the chart, taking into account the delayed reversal - the Index is now where it was on December 4-5. Then the reversal forecast for November 24-26 did not work out, and after the reversal candle on December 4, there was a sharp surge in volatility. In those days, let us recall, the price went up by 8% and down by 11% within just two days. After which it began to recover, went to a new ATH.

Let us recall that the Index reversal does not indicate any specific direction for the price. A strong movement of the Index can be both within the framework of a price "cut" and within the framework of a confident movement in one of the directions.

What is definitely worth considering is that in the coming days, the price movements of#BTCcan be even sharper than yesterday.