In technical analysis, when Bollinger Bands squeeze to their narrowest point, it indicates that price volatility has decreased significantly, often preceding a major price expansion or breakout; this pattern is considered a powerful signal for potential market movements.
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Bitcoin’s unprecedented squeeze: Is a massive breakout imminent?本站添加:
If Bitcoin's monthly Ballinger bands are going to start their expansion after squeezing the hardest they ever have, that move is going to be like nothing you've ever seen before. And I agree.
And what would be interesting is if Chad had the PMI business cycle overlaid on this chart. That would be very interesting. You can just see Bitcoin is squeezed. I don't use Ballinger bands a lot. That's why I like when I see posts like this, I'll bring them up. It is squeezed to the lower range in a way like we've not seen. number one.
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