đ Bitcoin's Bollinger Bands are getting cozy! đ
Crypto traders are buzzing about Bitcoin's (BTC) volatility indicator reaching its "tightest point" in a year. Matthew Hyland, a well-known analyst, highlighted that this rare squeeze has only happened twice before - in April 2016 and August 2023.
Hyland predicts a big move is coming soon, possibly within a month. Historically, tight Bollinger Bands have led to significant price surges. Could we see Bitcoin hit new highs?
Share your thoughts in the comments! đđŹ
(Note: This is not financial advice. Do your own research.)