Bitcoin's 1-hour Bollinger Bands are squeezed to an extreme level right now. When the BB gets this tight, it typically signals a major breakout is brewing—volatility compression often precedes a sharp directional move. Traders keeping a close eye on the hourly chart, this setup is definitely one to watch. Either way, expect a violent swing coming soon.

BTC0.74%
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rugpull_survivorvip
· 6h ago
Compressed to the limit... Sounds like a big move is about to happen, but I bet this time it’s just a false alarm. Said the same thing yesterday, and it ended up being sideways for two hours. Wait, is it really about to break out? Let’s wait and see. Is the Bollinger Band reliable? Feels like it always cries wolf. If there’s still no movement in the next four hours, I’ll go to sleep. Will this be another false breakout... When hasn’t there been such a signal, and then just a long wick candle finishes it off? I checked the hourly chart, and it does look ridiculous, but then again, this is the fifth limit I’ve seen this week. Alright, guns loaded, let’s see who makes the first move.
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WhaleWatchervip
· 6h ago
Compressed to the limit? Then just wait and see if it breaks, feels like it's about to explode.
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