First Time in History: Key Metric Suggests Bitcoin Could be Poised for an Explosive Move

First Time in History: Key Metric Suggests Bitcoin Could be Poised for an Explosive Move

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto Bits The primary cryptocurrency seems to be sitting at a crossroads, with one important indicator signaling it could be on the verge of a major move. Many analysts believe an uptrend is the more likely scenario, while the renewed interest from institutional investors supports that outlook. Earlier this week, the analyst Cantonese Cat noted that Bitcoin’s monthly Bollinger Bands have registered their biggest squeeze ever. The indicator, created by John Bollinger, consists of a moving average with an upper and lower band that expand and contract based on market turbulence. When these channels squeeze, it means volati

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