BTCUSD : CompressionBTC Volatility IndexDERIBIT:DVOLi_am_siewIt is clear that when volatility fades, the price moves up rather quickly. The path of least resistance is UP. There is no mistake in this - quiet accumulation. But I do not think it is quiet anymore. There are those who argue that price is NOW making a BULL trap, with price rising just enough before turning south towards $50k. This may be wishful thinking because of 'diminishing returns', especially for the derivatives players eyeing liquidation of long positions in OPTIONS. Price will break out of the wedge. In the event it breaks out ABOVE, just watch the direction of price movement this time. There is a high chance price will go UP. Good luck.