Source: Coindesk.com
The gap between bitcoin's volatility bands has narrowed to 20%. A similar reading preceded Bitcoin's late 2023 surge.
Traders bored of bitcoin (BTC)'s range-ridden days might want to return to their computer screens. An indicator called "Bollinger bandwidth" that successfully predicted the late 2023 volatility boom is glowing brightly again.
Read More https://www.coindesk.com/markets/2024/08/01/bitcoin-indicator-that-forewarned-late-2023-volatility-explosion-is-lighting-up-again/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again" appeared first here Coindesk.com.
Source: Coindesk.com