Bitcoin's squeeze sets stage for major price swing

BTC's volatility bands have compressed to levels that have historically paved the way for a renewed price turbulence. What to know : Bitcoin's price has been stable between $85,000 and $90,000 for two weeks, leading to a Bollinger Bands squeeze. The Bollinger Bands squeeze suggests a potential for significant price movement soon. Historical patterns show that such squeezes often precede major price swings.