BTC : Getting to the back end of the Lull.

Last third.

As we enter the last third of the Lull, we can see that it has effectively done its job. A low volatility period (relative to BTC) that extends several weeks. Many of my friends emailed me to say "So we're just going to stick around $69K-$70K then break out?". While that would fall in line with the Lull, it once again seems too easy to me. We have not y…