Key takeaways:
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Bitcoin’s Bollinger Bands indicator reached a vital turning level for bulls.
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Bitcoin’s cup-and-handle sample targets $300,000, backed by a number of tailwinds.
A Bitcoin indicator utilized by merchants to evaluate volatility has reached a vital turning level, suggesting {that a} vital worth transfer could also be underway.
Crypto dealer and analyst Matthew Hyland noted that Bitcoin’s (BTC) Bollinger Bands — a instrument that measures the momentum and volatility of an asset inside a sure vary — have reached their “most excessive stage” within the month-to-month timeframe since its inception in January 2009.
He wasn’t the one dealer to identify the rising sample.
“The Bitcoin Bollinger Bands on the 1M (month-to-month) are at historic tightness,” widespread analyst Crypto Ceasar said, including,
“This has beforehand led to heavy volatility to the upside. Bitcoin may very well be in for a spicy This fall.”
The Bollinger Bands on the 1M (month-to-month) are at historic tightness. This has beforehand led to heavy volatility to the upside (see chart).
Bitcoin may very well be in for a spicy This fall 🐂🫡 pic.twitter.com/sOmeLIYPgT
— 👑Crypto Caesar👑™️ (@crypto_caesar1) September 6, 2025
Earlier contractions in 2012, 2016 and 2020 all “preceded explosive worth expansions,” crypto investor Giannis Andreou said in an X publish final week, including that the present setup is even tighter, indicating the potential for the most important transfer ever seen in BTC worth.
“Large volatility forward!”
It’s not the primary time on this bull market that the Bands have pointed to main BTC worth upside. As Cointelegraph reported, in early July, a squeeze on the three-day chart precluded the run to the present all-time highs above $124,500 reached on Aug. 14.
Bitcoin’s cup-and-handle sample targets $300,000
As Cointelegraph continues to report, a number of components are placing Bitcoin in place for extra upside regardless of latest failed makes an attempt to sustain a recovery above $112,000.
Along with impending Fed interest rate cuts and bullish onchain metrics, Bitcoin might mirror gold’s rally and regain momentum toward $185,000 and past.
Associated: Bitcoin wobbles after shocking US jobs revision: What’s next for BTC?
Persistent institutional demand by means of spot Bitcoin ETFs and treasury companies reinforces Bitcoin’s upside as spot BTC ETF in flows flipped constructive on Monday.
“Cash is transferring again into Bitcoin ETFs at a speedy price as retailers impatiently drop out of crypto,” said market intelligence agency Santiment in a Wednesday X publish, including:
“Earlier crypto rallies had been boosted by influx spikes like this.”
The month-to-month chart exhibits that the worth broke above the cup-and-handle neckline at $69,000 in November 2024. Bitcoin continues to be validating the breakout and will rise to finish the utmost distance between the cup’s trough and the neckline.
That places Bitcoin’s cup-and-handle breakout goal for 2025–2026 at round $305,000, up by greater than 170% from present worth ranges.
Nonetheless, it is very important observe {that a} cup-and-handle doesn’t all the time assure the complete upside transfer. A study by veteran analyst Thomas Bulkowski discovered that solely 61% of those setups attain their anticipated targets.
As Cointelegraph reported, Bitcoin is in the midst of a traditional bull cycle correction section after all-time highs, which can backside out round $104,000 earlier than one other leg greater.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer entails threat, and readers ought to conduct their very own analysis when making a call.
