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Bitcoin Analysis: BTC’s Price Swings Are the Narrowest in 2.5 Years. What Happened the Last Time?
Bitcoin's price swings have compressed to their tightest range in 2.5 years, a pattern that historically signals a violent move is near. But traders who called the last squeeze bullish got burned first, and the same warning signs are flashing again.
Bitcoin's price swings have compressed to their tightest range in 2.5 years, according to the supplied analysis.
The analysis states that this pattern has historically signalled that a violent move is near. It adds that traders who called the last squeeze bullish were burned first, and that the same warning signs are flashing again.
