may soon have their moment as the crypto's Bollinger Bandwidth has recently hit lows on the weekly charts not seen in several years.
The BBW is calculated by dividing the spread between upper and lower Bollinger Bands by the 20-week SMA. It's an unbounded oscillator, with rising values representing high volatility and falling values indicating volatility meltdown. "Bitcoin recently witnessed its deepest weekly Bollinger Band squeeze," pseudonymous market observer Game of Trades said on X."Historically, big moves have typically followed from these levels. But the direction has been the tricky part."
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