Rare Market Fear Signal May Propel Bitcoin Price Higher

Data points to a potential surge in the price of Bitcoin (BTC) within the next six to twelve months as a rare spike in market fear has been recorded. The CBOE Volatility Index (VIX), often referred to as the “fear gauge”, climbed to 60, indicating extreme market uncertainty and panic. This reading, seen only five times since 1987 according to data by Dan Tapiero, CEO of 10Tfund, suggests a possible recovery in risk assets like Bitcoin.