Bitcoin (BTC) has triggered a powerful technical signal that could push the leading digital currency to $170,000, based on historical returns. Specifically, BTC has flashed the ‘Ultimate VIX Bottom Signal,’ a rare occurrence that has consistently marked long-term bottoms in Bitcoin’s price cycle, according to an analysis by prominent online cryptocurrency analyst TradingShot. This signal is based on the BTC/VIX ratio, which compares Bitcoin’s price action to the Volatility Index (VIX), which measures market fear. Bitcoin price analysis chart
source: https://finbold.com/bitcoin-flashes-signal-that-last-delivered-100-returns/