Low Volatility, High Uncertainty

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	Forwarded this email? Subscribe here for more Bitcoin Struggles for Direction Low Volatility, High Uncertainty Ecoinometrics Apr 21 ∙ Preview   READ IN APP   Bitcoin is teetering on the edge between a bearish pullback and a neutral consolidation. Last week it dipped into bearish territory. This week it’s back to neutral. But in both cases, it’s been dancing right on the boundary. That’s because while price has held above $80K, broader momentum (on-chain, equity, and ETF flows) has been fragile. The result is a market regime that can flip on a dime. So where are we headed next, and more importantly, has the peak in downside risk already passed? Let’s dig in. Ecoinometrics delivers professional-grade crypto and macro analysis to help institutional investors and serious traders make data-driven decisions. Our team conducts rigorous quantitative research, developing proprietary metrics and institutional-quality visualizations that cut through the noise to reveal key market dynamics. Each newsletter provides clear, actionable insights backed by data, delivered in a concise format that respects your time - five minutes to absorb, but deep enough to inform your investment strategy. Join over 31,000 professional investors and fund managers: Upgrade to paid Ready? Let's dig into the data. Bitcoin Struggles for Direction The Takeaway Bitcoin is hovering between a bearish pullback and a neutral consolidation, with price stabilizing above $80K but fundamentals still weak. Volatility has dropped sharply since the recent macro-driven spike, reducing downside risk. While the outlook remains uncertain, a more balanced risk-reward profile is emerging as the market cools... Continue reading this post for free in the Substack app Claim my free post Or upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 Ecoinometrics 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe