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Bitcoin Bollinger Bands repeat ‘parabolic’ bull signal from late 2023

From cointelegraph.com

Bitcoin is due for a “parabolic” reaction as a classic volatility indicator plumbs new all-time lows. In an X thread on Wednesday, macro strategist Gert van Lagen presented a key signal from Bitcoin’s Bollinger BandWidth. Bollinger BandWidth measures the percentage difference between the upper and lower Bollinger bands, which themselves act as a leading indicator for BTC price volatility. On monthly timeframes, that difference has never been smaller, per data from sources including Cointelegraph Markets Pro and TradingView. History shows that BandWidth rarely drops below 100 on its scale, but each time it does, the ... (full story)

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