BitcoinSistemi 2025-07-08 11:42:08

Experienced Analyst Explained: "Data That Always Brought an Increase in Bitcoin Said 'Bullish Again'!"

Bitcoin (BTC) broke new records in 2025 and reached its last record level on May 22. After this date, it fell below $100,000 for a short time towards the end of June, but generally consolidated above $100,000. Bitcoin has struggled to break above $110,000 several times, but has failed to reach a new ATH. Despite the failed attempts, the expectation of a new ATH continues, and one analyst said that Bitcoin is experiencing a squeeze on the Bollinger Bands, indicating a bullish breakout. On-chain analyst Axel Adler said in his latest analysis on his X account that Bitcoin is experiencing a classic Bollinger Bands squeeze. The analyst noted that this indicates an accumulation of bullish energy in BTC and a bullish breakout. “Bitcoin is currently experiencing a typical Bollinger Bands squeeze. The possibility of a breakout to the upside for Bitcoin is very high.” At this point, the analyst focused specifically on the range between the upper and lower Bollinger Bands, noting that the width of the band has narrowed to 7.7%. According to the analyst, this is one of the narrowest levels observed in the current bull cycle. This could be a sign that the price is accumulating upward pressure and a rally is imminent. “Currently, the range between the upper and lower Bollinger Bands is 7.7%, the lowest level in this bull market. This signals that upward pressure is gradually accumulating in the market, which could soon lead to strong price volatility.” Finally, the analyst, who also cited historical data, noted that four of the six similar squeezes during this cycle led to immediate sharp recoveries, while the remaining two first led to brief corrections and then to an increase. The analyst noted that this pattern suggests that the current squeeze could be a precursor to another upward move, but he also reminded that short-term consolidations or corrections are also possible. *This is not investment advice. Continue Reading: Experienced Analyst Explained: "Data That Always Brought an Increase in Bitcoin Said 'Bullish Again'!"