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

By: theblockbeats.news|2025/07/08 16:02:18
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

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...

Who will own the most Bitcoin in 2026

In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

The encryption czar has left, and Trump has muted.

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed

Popular coins

Latest Crypto News

Read more