#Bitcoin Bollinger Bands are crazy tight by historical standards.
Only two other months in history have we seen the weekly Bollinger Bands so compressed: April 2016 and July 2023.
During both of the previous episodes, Bitcoin prices rose significantly over the following twelve months.
A similar move this time around would target Bitcoin within a range of $140,000 to $190,000.
Crypto markets have admittedly been pretty sluggish during Q2, but now is not the time to be complacent.
This is The Boring Zoneā¦
What comes next is The Banana Zone...
