Chart of the Week: Wall Street's 'Fear Gauge' Is Flashing Possible Bitcoin Bottom

Chart of the Week: Wall Street's 'Fear Gauge' Is Flashing Possible Bitcoin Bottom

The bitcoin to VIX ratio might be signalling a potential long-term bottom for BTC price.

By James Van Straten|Edited by Aoyon Ashraf

Index has surged to its highest level since last August, indicating increased market uncertainty.

The bitcoin to VIX ratio has hit a long-term trendline, historically suggesting a potential bottom for bitcoin prices.

This trendline has previously marked the bottom for bitcoin during major market events, followed by price rallies.

It’s been an exceptionally volatile week, but one measure may be signaling longer-term bullish sentiment for bitcoin.

The sell-off in equities began on April 3, spurred by President Donald Trump's tariff-led uncertainties. Each day since then has been marked by sharp moves in both directions. The panic has hit both the equities and bond markets, while gold has surged to new all-time highs, and the DXY Index has broken below 100 for the first time since July 2023.