Bitcoin volatility suggests market bottom near

Bitcoin's implied volatility indicators, DVOL and BVIV, have reached levels historically associated with market bottoms, suggesting peak fear may have passed. These metrics surged in February when Bitcoin dipped near $60,000, mirroring past capitulation events. Unlike the VIX, which tracks traditional markets, Bitcoin's volatility spiked earlier, indicating crypto may be leading risk pricing. While some anticipate further declines, the historical precedent of these volatility spikes coinciding with price floors offers a bullish signal for the cryptocurrency's short-term future.