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Former Goldman Sachs Executive: Bitcoin Volatility Falling Rapidly, A Big Move Is Coming Soon

Amy Liu

Summary: Raoul Pal, a former hedge fund manager at Goldman Sachs, tweeted today, “ Bitcoin 30 day historic volatility has been falling fast and is in the 20's. In the past it has hit 20% vol 7 times. 6 times prices exploded higher immediately and vol hit 80% in a few months. 1 time (Nov 2018) ...

Raoul Pal, a former hedge fund manager at Goldman Sachs, tweeted today, “ Bitcoin 30 day historic volatility has been falling fast and is in the 20's. In the past it has hit 20% vol 7 times. 6 times prices exploded higher immediately and vol hit 80% in a few months. 1 time (Nov 2018) prices fell sharply. Either way, a big move is coming soon.”

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