Bitcoin's "Bollinger Bands" reach their tightest state since April 2016

2024-07-19 18:16:48

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ChainCatcher news, Cointelegraph cites LSEG Datastream data indicating that Bitcoin's "Bollinger Bands" have reached their tightest state since April 2016.

It is reported that Bitcoin's Bollinger Bands are one of the most important volatility indicators in the cryptocurrency market, with similar tightening occurrences previously happening in April 2016 and July 2023.

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