Powell’s Jackson Hole Speech: Will Bitcoin Tremble or Titter? 🎭💰

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Darling, What’s All the Fuss? 🧐✨

  • Bitcoin’s volatility, my dear, is expected to be ever-so-slightly above average during Mr. Powell’s grand oration at Jackson Hole. How thrilling! 🎢
  • BTC options, those naughty little things, suggest a ±2.0% price move. One can hardly contain one’s excitement! 📈📉
  • Traders, those darling dramatics, are bracing for a spot of downside volatility if Powell’s speech is more balanced than anticipated. Oh, the horror! 😱

In This Delightful Article


BTCBTC$113,157.57◢0.67%

As the inimitable Mr. Powell prepares to grace Jackson Hole with his presence, the question on every lip is: how volatile, darling, will Bitcoin become? 🌪️💸

Fear not, my pets, for the answer points to merely a touch of above-average volatility-hardly the dramatic swings one might expect from such a spectacle. 🕶️

“BTC options are pricing in about a ±2.0% move around Powell’s Jackson Hole speech,” declares Pulkit Goyal, the head of trading at Orbit Markets. How dreadfully precise! 🔮

Traders, those clever darlings, use the pricing of options with different strike prices and maturities, implied volatility, and option greeks to gauge the expected range of price movement. Such industry! 📊

Volmex’s one-day implied volatility index (BVIV1D) has climbed to an annualized 49%, the highest since May 26, according to TradingView. That’s a 24-hour price swing of 2.5%, slightly more than the average daily volatility of 1.52%. How utterly riveting! 🎭

Remember, my dears, volatility is direction-agnostic-price swings could go either way. But if Powell dares to sound balanced, downside volatility seems the more likely outcome. Some traders are already clutching their put options like lifebelts on the Titanic! 🚢💨

“If his tone leans more balanced than dovish, markets could see a retracement, which has driven demand for downside protection. The skew tells the story: overnight 25-delta risk reversals are currently 6 vols put over call,” Goyal adds with a flourish. How dramatic! 🎭

Powell is scheduled to speak Friday morning at the Fed’s annual Jackson Hole Economic Policy Symposium. Mark your calendars, darlings-it promises to be a showstopper! 🎤✨

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2025-08-22 10:51