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

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

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Bitcoin’s Bollinger bandwidth has declined to 20% on the weekly chart, a level last seen days before BTC exited its then multi-month trading range of $25,000 to $32,000 in late October. Prices topped the $40,000 mark by year-end and rose to record highs above $70,000 in March this year.

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