Bitcoin volatility squeeze threatens 30% price move
- —Bollinger Band width is $5,368, about 6.5% of BTC's price
- —BTC trades near $82,538, up 0.92% on the day
- —A close above $85,000 on rising volume opens the way to $87,000 and $89,358
- —Losing $80,000 risks support at $79,033 and $77,876, with $73,000–75,000 below
Why it matters: A breakout from the squeeze could trigger a 30% move in either direction, with trading volume the key confirmation of the trend.
Source: BeInCrypto RU