Analyst: Bitcoin Bollinger Band Squeeze Narrows to 7.7%, Upward Breakout Momentum Strengthens

By: theblockbeats.news|2025/07/08 08:02:19
0
Share
copy

BlockBeats News, July 8th, CryptoQuant analyst Axel Adler Jr posted, stating, "A typical Bitcoin Bollinger Band squeeze is currently observed, with the range between the upper and lower boundaries reduced to 7.7%, one of the lowest values ​​in the entire bull market cycle. The decrease in volatility indicates that the market is accumulating energy, and the price is ready to rise. The likelihood of a breakout to the upside in an uptrend environment is significantly higher. There have been a total of six significant Bollinger Band squeeze events in this bull market cycle. In four of these squeezes, an immediate uptrend followed, while in the other two cases, a slight pullback occurred first, followed by a continued uptrend. Based on this experience, the current squeeze likely heralds another upward surge, although a minor consolidation before the uptrend cannot be ruled out."

You may also like

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com