‎𝗕𝗼𝗹𝗹𝗶𝗻𝗴𝗲𝗿 𝗕𝗮𝗻𝗱𝘀 𝗚𝗶𝘃𝗲 𝗔 𝗚𝗿𝗲𝗲𝗻 𝗦𝗶𝗴𝗻𝗮𝗹: 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗜𝘀 𝗣𝗿𝗲𝗽𝗮𝗿𝗶𝗻𝗴 𝗙𝗼𝗿 𝗔 𝗣𝗮𝗿𝗮𝗯𝗼𝗹𝗮

‎Bitcoin has once again ignited a rare indicator that previously led to a rise of +40% over four months. Bollinger BandWidth has updated to a historical minimum — and this is usually a precursor to a sharp upward impulse.
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‎ What is happening:
‎— The difference between the upper and lower Bollinger Bands on a monthly chart — the smallest in history
‎— Every time BandWidth falls below 100, Bitcoin delivers a parabolic surge
‎— There was no red signal in November, which previously canceled such scenarios
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‎The last green signal was in November 2023 — then BTC doubled in four months.
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‎Gert van Lagen believes the setup is repeating: «Identical to what GOOGL did before the final rise in 2008». That is, a final impulse to new ATH is possible — and then a new bearish cycle.
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‎ But the market is not yet convinced. BTC rose to $94K and finally made higher high + higher low, but traders are waiting for consolidation above the current price zone.
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‎Rekt Capital reminds: if Bitcoin closes the year above ~$93,500 — the yearly candle will be green. For this, only +2% for December is needed.

$BTC
#DecemberMarketOutlook