Volatility Falls Off a Cliff - Is Bitcoin Finding its Bottom?

This interesting four-week chart is brought to us by Option Stalker:

As volatility falls, it implies that traders are beginning to agree on a longer-term valuation for Bitcoin. I'd be curious to see if volatility has ever been this low since the price peak in June, but I'm guessing that it probably hasn't.

Could this be the bottom?

Posted in: trading,volatility