Bitcoin's “Bollinger Bands” Reach Tightest Since April 2016
Bitcoin's “Bollinger Bands” have reached their tightest state since April 2016, Cointelegraph said, citing LSEG Datastream data.
Bitcoin's Bollinger Bands are said to be one of the most important volatility indicators in the cryptocurrency market, with two previous similar tightenings occurring in April 2016 and July 2023, respectively.
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