The tweet was deleted by the author.
But we saved everything 🙂.
James Van Straten, industry influencer, reports that BTC implied volatility has returned to its previous lows after spiking on February 6. He observes that implied volatility is now in the bottom quartile, below 40.
According to Van Straten, similar low volatility for BTC was previously observed in Summer 2023 and 2025, each occurring months before significant price movements including the ETF run-up.
Van Straten previously reported that bitcoin logged fewer down days than major assets such as TLT, the S&P 500, and gold since the start of the war, according to recent market data. His observations have focused on bitcoin performance relative to other asset classes. The current return to low implied volatility adds to this track record of monitoring bitcoin’s trading patterns.