Bitcoin’s volatility and its future trajectory remain a hot topic of debate among market experts. As the cryptocurrency grows, questions about whether its price fluctuations will stabilize or intensify in the near term continue to surface.

Roundtable anchor, Rob Nelson, along with David Gokhshtein, CEO of Gokhshtein Media, and John Divine, Head of OTC Trading at BlockFills, recently discussed the outlook for Bitcoin's volatility and potential strategies for navigating its unpredictable market.

David Gokhshtein pointed out, "In the next couple of months, I would agree that we'll see more volatility." He emphasized that institutions are now taking the lead in marketing Bitcoin more effectively than the early adopters. “We had a long time to go ahead and market bitcoin to the masses and we did a horrible job,” Gokhshtein admitted, adding, “I see that gap narrowing down...this is the last bull cycle that you'll see volatility in Bitcoin particularly."

John Divine provided a technical perspective, noting that current market data suggests relatively low volatility. "If you look at September 27th at-the-money options implied volatility, it’s pricing around 53 vol handles," Divine said. However, he warned that volatility could rise, especially if bitcoin's price dips. "If we start to trade lower and we break towards the 50 handle...volatility is going to be driven north of 65."

Divine recommended a strategy to manage this volatility, explaining, "My favorite strategy...is to remain long bitcoin, but sell upside call options and then buy put options with the premium you earn from selling calls."