The big volatility dip - part 2

Dear subscriber

In My Last Newsletter, I explored how significant reductions this cycle in:

• Miner capitulations,

• Institutional investor sell-downs, and

• False market signals

would lead to a substantial dip in Bitcoin’s volatility. This, in turn, removes one of the major objections to Bitcoin while also making it a more attractive asset for institutional investors. (As I write this, news has broken that three states voted down Bitcoin Strategic Reserve Bills due to “volatility concerns.”)

In this edition, we’ll examine the two other factors driving down Bitcoin’s volatility:

1. Distributions from strong hands to stronger hands, and

2. Greater price resilience against FUD.

Let’s dive in!