Screenshots related to idea: Hurst Exponent curling up : Contracting Historical Volatility Percentile on BTC Futures along with positive drift over a few days: Clear positive correlation with price and HVP on lower time frames.
Historical Volatility Percentile = HVP HVP had been contracting linearly from extreme highs since the start of 2021. Currently the HVP is flashing red, indicating an extreme low and is at a value of 0, which is not surprising since 0 is one of the most occuring values in HVP along with the value of 100. With confidence from the other stuff i use in confluence,...
Since the Hurst has been nosediving below 0.5 to indicate a phase of mean reverting, I'd assume the HVP on the daily would have been contracting as I've seen it do on other similar occasions, (I'm assuming since there isn't enough bars/data history on the underlying for me to straight up read the HVP indicator currently). On smaller time frames (using the 4hr...
Bottom was in few months ago, i don't think we will be seeing 3k Again. The Support and Resistance indicators show that Bull Market started just a month ago along with that MACD turning green, with that Daily 30 and 200 MA cross or was it EMA?