$BTC TechDev, a very popular analyst on

The expert used the “Bollinger Bands” indicator, highly valued among investors. It is used to measure the momentum and volatility of an asset within a certain range. They can also signal if the asset is overbought when prices touch the upper band and oversold if it touches the lower band.

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The truth is that the expert also found that this same situation has happened three times in the past and, each time it occurred, Bitcoin doubled. If TechDev's forecast comes true again, BTC will be trading close to $140,000 by July 2024.