It has been an unusually unstable week, but a measure can be significant in the longer term bullish mood for Bitcoin.

Sales in shares began on April 3, spurred by President Donald Trump’s customs uncertainties. Each day since then is marked with sharp movements in both directions. The panic has hit both the stock and bond markets, while gold has risen to new all-time highs and the DXY index has been broken less than 100 for the first time since July 2023.

In response, the S&P Volatility Index (VIX) – often called Wall Street’s “fear gauge” – has risen to its highest level since last August, and this is where things become interesting for Bitcoin.

The relationship between Bitcoin and VIX has currently hit 1,903 by touching a long-term trendline, which last coincided with market volatility around the settlement of the Yen Carry trade. At that time, Bitcoin had reached a bottom of about $ 49,000.

In fact, this is the fourth time this relationship has hit the trend line and then found the bottom. Previously, it touched the line in March 2020 during the highest Covid-19 crisis and originally in August 2015, both times followed by a price in prices.

If this trendline continues to serve as reliable support, it might suggest that Bitcoin may have found a long -lasting bottom again.

Read more: Bitcoin’s recent draw proves that it’s more than just a geared tech game