BitcoinBTCAs several technical indicators indicated that BTC was about to see a further increase in price, it is possible for the BTC rate to continue on its upward trend. “powerful” Upward move
The key takeaways
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Bollinger Bands, an indicator for Bitcoin prices, now predicts a huge price break.
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BTC needs to break through resistance around $80,000 in order for it to rise further.
Bollinger Bands suggest Bitcoin’s “bull run is next”
Bitcoin Bollinger Bands has reached its tightest level ever in the monthly timeframe. This signals that volatility is expected to occur soon.
Related: Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears linger
Bollinger Bands is a popular technical indicator that traders can use to determine the volatility of a market and its momentum.
You can also find out more about the following: “tightest Bitcoin monthly Bollinger band squeeze, ever,” said Cantonese Cat is the analyst who posted on Wednesday in an X-post.
“This will lead to a very powerful move when it expands,” Analyst added.
Between December 2023 to August 2025, the BTC/USD currency pair has gained approximately 230%. all-time high of $126,000After breaking over the upper border of the Bollinger Bands.
BTC’s price soared more than 500% and 4,400% in 2016 and 2020, respectively.
Coinvo Trading also shared a chart that showed Bitcoin’s average monthly price. RSI The number of people in the United States who are unemployed has fallen to its lowest point since early 2022.
The BTC/USD dropped to an important support line that spans several years, a similar event which has marked Bitcoin macro-bottoms in the past.
This last happened at the end of 2022’s bear market. It was followed by a price rise of 350% BTC to the previous high of $73,800 in March 2024.
“The same exact trendline, the same oversold RSI, the same outcome,” Coinvo Trading added:
“Bull run is next in line.”

Cointelegraph reportedA bullish MACD cross-over on the weekly chart and several Bitcoin metrics suggest a BTC breakout.
Bitcoins must claim $80,000 within the next few months
Bitcoin’s 6% rally over the last three days Over the weekend, the BTC/USD pairs filled in the CME’s gap between $74,000 and $77,000.
Now traders are looking to the CME’s next gap, which was created in early February.

MC Capital founder Michael van de Poppe said The resistance to $79,000 might temporarily “stall” Bitcoin’s rising momentum
“Likely we’ll test it first, come back down for a little, find extra stamina, and then we’ll push through to $86K.”

Bitcoins’ whale order book showed “heavy sell pressure” This resistance level is between $78,000 and $80,000.

Cointelegraph reportedIf the price closes above the resistance area of $76,000 to $78000, it would indicate that buyers have control and open the door for potential gains up to $84,000.
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Source: cointelegraph.com
