Bitcoin has been stuck for the last three months, trading between $90K and $100K. It did cross the $108K mark twice but wasn’t able to hold the gains.
Bitwise head of alpha, Jeff Park, has thrown more light on the current Bitcoin and macroeconomic situation. Park said Bitcoin is giving investors a ‘generational opportunity’ at current levels, seeing as its IV percentile is now the lowest it has been all year.
IV percentile shows what percentage of time Bitcoin’s IV has been lower than the current levels. $BTC IV percentile now sits at 50.90, which is a significant drop from its high of 71.28.
Traditionally, a low IV percentile indicates a buying opportunity, suggesting that the asset is currently less volatile than it usually is.
Park also drew people’s attention to global economic conditions, where fear of high tariffs and slowing rate cuts has put the world ‘on the brink of max chaos.’
Factors like increasing deglobalization, raising debt limits, and ‘unprecedented tax cuts’ can throw the global market into ‘max retardation,’ as he puts it.
Bitwise CEO Hunter Horsley also said people are underestimating Bitcoin at the moment and that he has never been so optimistic about the asset’s growth.
As global economics become complicated and uncertain, tokens like Bitcoin will offer a haven to long-term investors. If you’re also looking to benefit from Bitcoin’s next rally, here are the best presales this year.
1. BTC Bull ($BTCBULL) – Only Project That Offers Real Bitcoin Airdrops on Every Milestone
BTC Bull ($BTCBULL) is a hot presale that looks to ride on the upcoming Bitcoin bull run.
It’s a one-of-a-kind token that offers real Bitcoin airdrops every time the OG crypto reaches a new milestone. So, you can earn a fraction of a real Bitcoin when it hits $150K, $200K, $250K, and so on.
Several analysts have predicted that Bitcoin may reach $1M by the end of 2030.
However, not all crypto investors might have the money to buy a full $BTC or even a portion of it at current prices. BTC Bull is, therefore, an ideal token for such Bitcoin enthusiasts who want to benefit from Bitcoin’s monumental growth.
$BTCBULL is easily one of the best cryptos to buy now if you want…
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