"Bollinger Bandwidth Indicator Signals Potential Volatility Boom for Bitcoin"
Bitcoin's volatility bands have narrowed to 20%, a level that was seen before its surge in late 2023. Traders who have been uninterested in bitcoin's stagnant price movement may want to pay attention to the "Bollinger bandwidth" indicator, which accurately predicted the previous surge. This indicator is now showing signs of a potential increase in volatility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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