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Bitcoin Bollinger Bands reach ‘most extreme level,’ hinting at explosion to $300K BTC

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A widely used Bitcoin technical analysis indicator suggested that BTC is on the verge of an “explosive price expansion” toward new all-time highs.

Key takeaways:

Bitcoin’s Bollinger Bands indicator reached a critical turning point for bulls.

Bitcoin’s cup-and-handle pattern targets $300,000, backed by multiple tailwinds.

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4h ago
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bearish:

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