Bitcoin Bollinger Band Squeeze Signals Imminent Bullish Breakout in Current Market Cycle
2025-07-08 07:39:58
Main Idea
Bitcoin is showing a Bollinger Band squeeze, indicating a potential bullish breakout, with volatility at 7.7%.
Key Points
1. Bitcoin is currently exhibiting a Bollinger Band squeeze, signaling a potential bullish breakout.
2. The volatility range has contracted to 7.7%, one of the narrowest levels observed.
3. Historical patterns suggest minor retracements may occur before upward trends resume.
4. Bitcoin spot ETFs recently saw a net inflow of $770 million.
Description
Bitcoin is currently exhibiting a classic Bollinger Band squeeze, with the volatility range contracting to just 7.7%, marking one of the narrowest points in this bull market cycle. This compression
$BTC
$108645.8
+0.30%
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