BTC to PKR hovered between $85,000 and $90,000 for the past two weeks, signaling a period of calm in the market. Analysts say this “Bollinger Bands squeeze” could trigger a significant price movement soon, making BTC investors and traders watchful for the next big swing.
Bitcoin (BTC) has traded in a tight range recently, causing the gap between its Bollinger Bands—a volatility indicator—to shrink to less than $3,500, the narrowest since July. This pattern historically precedes sharp market movements, either upward or downward.
Data from TradingView shows that BTC’s daily chart currently reflects unusually low volatility, suggesting the market is “building energy” for a potential breakout.
Previous Bollinger Band squeezes have often led to major price swings. For example:
July 2025: BTC traded sideways between $115,000–$120,000 before moving sharply between $100,000 and $126,000 over three months.
February 2025: BTC tightened between $94,000–$98,000, followed by a drop to $80,000 by month-end.
Since 2018, Bollinger Bands have been reliable indicators of upcoming volatility, making the current squeeze an important signal for traders.
“The latest Bollinger Band squeeze requires vigilance, as BTC prices could soon move rapidly in either direction.”
At the time of reporting, Bitcoin traded at around $88,600, up just over 1% in 24 hours.
