Bitcoin’s Bollinger bandwidth has declined to twenty% on the weekly chart, a degree final seen days earlier than BTC exited its then multi-month buying and selling vary of $25,000 to $32,000 in late October. Costs topped the $40,000 mark by year-end and rose to file highs above $70,000 in March this yr.

Bitcoin (BTC) Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
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