The Whimper Bitcoin Reversal

A Study of Volatility, Price, and Backwardation

One of my trading mentors Ted Warren taught me a very simple trading principle. Quiet sideways markets are under accumulation. Wide-swinging high-volume markets are in distribution. Nowadays we call it volatility and have all kinds of fancy mechanisms to measure it.

This principle applies to bitcoin and is a powerful tool for analysis in combination with other tools