Bitcoin Liquid Index
Long
Updated

Minimum width on Bollinger bands

95
BTC Minimum width on Bollinger bands 🤔, What does it mean?

Of course, like last summer, seasonality has played a big role - volatility has fallen.

📝We have tested the lower part of the channel and are now testing the middle line. With a breakthrough, we have an open path to the upper part of ~72k.

💡Whether it will be a breakthrough the first time depends on the selling power of Mt. Gox investors. In my opinion, it is only a matter of time and in a few weeks, we will test the channel's top and go even higher↗️
Note
snapshot

📝This month we have moved away from the bottom on the Bollinger channel, anchored above the baseline, and are moving towards the upper limit. Everything is as predicted in the quoted post.

🌊Additional liquidity started to appear this month, bringing us volatility.

💡I expect BTC will spend the next three months mostly in the upper part of the Bollinger channel. This will be a positive time for investors and traders who, after a lull, will finally see movement on the BBW volatility oscillator.
Trade active
snapshot

📝BTC broke out of the Bollinger Band, just as we predicted.

🌊Volatility and the BBW are rising, marking the anticipated period for market participants.

💡Investors should consider partially taking profits. And traders, be careful with leverage.

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