#Bitcoin Bollinger Band 👀

The chart clearly shows the final phase of the market. It lasts about a year (circled by an orange ellipse).

📝Recently, $BTC volatility has increased quite a bit against the backdrop of the last movement, which led to the expansion of the channel, but it is starting to narrow a little. The middle of the channel is a possible support zone if a deeper correction occurs.

💡It should be remembered that the final peak at the end of the cycle does not necessarily have to be accompanied by strong volatility like in 2018. The peak at the end of 2021 showed us that it can also be a smooth upward movement, especially in a market where the asset has already grown quite a bit.