Impending breakout soon? I wouldn’t bet against it.

Bitcoin Price Volatility Approaches as Bulls Try to Outclass Bears

While some analysts are expecting this non-action — sub-3% moves each and every day, for weeks on end — to continue well into November, analysts claim that it is only a matter of time before Bitcoin breaks out. Hard.

Popular cryptocurrency trader Josh Rager recently noted that the Bollinger Bands, a popular technical analysis tool used to determine rough trading zones for assets, have begun to pinch tighter on Bitcoin’s one-day chart. He quipped that previous pinching/converging BBands ‘led to moves to high volatility and strong price action.’”

https://www.newsbtc.com/2019/10/22/bitcoin-price-volatility-inbound-bulls-bears/