Bitcoin price prediction: the options market prices in 38.3 percent volatility, the price delivers 20.2

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The options market is paying an annualised 38.3 percent of volatility on Bitcoin, while the price has recently delivered 20.2 percent. What that gap means for the range into mid-November, for leveraged positions and for the October 30 expiry.The options market is pricing Bitcoin volatility at 38.3 percent a year. Over the past two weeks the price has delivered 20.2 percent. That gap of just over 18 points is the real news this Tuesday, and it says more about the coming weeks than the price level itself. Bitcoin traded at $81,481 on Tuesday afternoon, about 1.3 percent below Monday's level. The 38.3 figure comes from the volatility index of the options exchange Deribit, known as DVOL. It measures the volatility traders are paying for through option prices over the next 30 days. We calculated the 20.2 percent ourselves from the same exchange's daily closes over the past 14 days. For where the price can head over a horizon of months, see our Bitcoin price prediction. What the DVOL ...