Photo by Antonio Janeski on Unsplash

Save for strong developments with specific altcoins such as Cardano and Chainlink, coupled with the news that PayPal may integrate Bitcoin, the crypto industry has been rather quiet over recent months.

Look no further than the price of BTC, which has flatlined over the past two to three months around the low-$9,000s.

But as Chris Burniske, a partner at the crypto-focused venture fund Placeholder Capital, recently reminded his followers, odds are its going to be a crazy fall (Q3/Q4) for the cryptocurrency and blockchain industry.

The following is just a list of a number of important events taking place by the end of the year as compiled by Burniske.

Other events that Burniske himself didnt identify but his followers did include, the launch of optimistic rollup technology on Ethereum, the launch of Bakkts digital asset application for consumers, and a potential public listing of Coinbase shares.

While it may be a few months until these events, investors should expect volatility in the price of Bitcoin and altcoins much sooner.

As noted by cryptocurrency analyst Josh Olszewicz, the Bollinger Bands, an indicator that is often used in analyzing the volatility of a market, has become the tightest since November 2018.

This has been corroborated by Josh Rager, a popular cryptocurrency analyst. He said that the historical volatility index has reached the ever-important 40 level. As Rager explained, every time the index reached this low of a reading, a strong 30% (or more) move followed.

Thats to say, by historical standards, theres a high likelihood Bitcoin will soon see a macro spike or drop that will determine the price action of the cryptocurrency market in the months ahead.

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Read more from the original source:

Q4 2020 will be crazy for crypto, says VC: DeFi, Ethereum 2.0, Libra, and more - CryptoSlate