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Bitcoin\u2019s Bollinger Bands indicator reached a critical turning point for bulls.<\/p>\n<\/li>\n
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Bitcoin\u2019s cup-and-handle pattern targets $300,000, backed by multiple tailwinds.<\/p>\n<\/li>\n<\/ul>\n
A Bitcoin indicator used by traders to assess volatility has reached a critical turning point, suggesting that a significant price move may be underway.<\/p>\n
Crypto trader and analyst Matthew Hyland\u00a0noted that Bitcoin\u2019s Bollinger Bands \u2014 a tool that measures the momentum and volatility of an asset within a certain range \u2014 have reached their \u201cmost extreme level\u201d in the monthly time frame since its inception in January 2009.<\/p>\n
BTC\/USD monthly chart. Source: Matthew Hyland<\/em><\/figcaption><\/figure>\n He wasn\u2019t the only trader to spot the emerging pattern.<\/p>\n
\u201cThe Bitcoin Bollinger Bands on the 1M (monthly) are at historical tightness,\u201d popular analyst Crypto Ceasar\u00a0said, adding,\u00a0<\/p>\n
\u201cThis has previously led to heavy volatility to the upside. Bitcoin could be in for a spicy Q4.\u201d\u00a0\u00a0<\/p><\/blockquote>\n
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The Bollinger Bands on the 1M (monthly) are at historical tightness. This has previously led to heavy volatility to the upside (see chart).<\/p>\n
Bitcoin could be in for a spicy Q4 \ud83d\udc02\ud83e\udee1\u00a0pic.twitter.com\/sOmeLIYPgT<\/p>\n
\u2014 \ud83d\udc51Crypto Caesar\ud83d\udc51\u2122\ufe0f (@crypto_caesar1)\u00a0September 6, 2025<\/p><\/blockquote>\n
\n\n<\/p>\n
Previous contractions in 2012, 2016 and 2020 all \u201cpreceded explosive price expansions,\u201d crypto investor Giannis Andreou <\/span>said\u00a0in an X post last week, adding that the current setup is even tighter, indicating the potential for the largest move ever seen in BTC price.<\/span><\/p>\n<\/div>\n<\/div>\n
\u201cHuge volatility ahead!\u201d<\/p><\/blockquote>\n
It is not the first time in this bull market that the Bands have pointed to major BTC price upside. As\u00a0Cointelegraph reported, in early July, a squeeze on the three-day chart precluded the run to the current\u00a0all-time highs above $124,500\u00a0reached on Aug. 14.<\/p>\n
Bitcoin\u2019s cup-and-handle pattern targets $300,000\u00a0<\/h2>\n
As Cointelegraph continues to report, multiple factors are putting Bitcoin in a good position for more upside despite recent failed attempts to\u00a0sustain a recovery above $112,000.<\/p>\n
In addition to impending\u00a0Fed interest rate cuts\u00a0and\u00a0bullish onchain metrics, Bitcoin may mirror gold\u2019s rally and\u00a0regain momentum toward $185,000\u00a0and beyond.<\/p>\n
Related:\u00a0<\/strong><\/em>Bitcoin wobbles after shocking US jobs revision: What\u2019s next for BTC?<\/strong><\/em><\/p>\n
Persistent institutional demand through spot Bitcoin ETFs and\u00a0treasury companies\u00a0reinforces Bitcoin\u2019s upside as spot BTC ETF in flows flipped positive on Monday.<\/p>\n
\u201cMoney is moving back into Bitcoin ETFs at a rapid rate as retailers impatiently drop out of crypto,\u201d\u00a0said\u00a0market intelligence firm Santiment in a Wednesday X post, adding:<\/p>\n
\u201cPrevious crypto rallies were boosted by inflow spikes like this.\u201d<\/p><\/blockquote>\n
Spot Bitcoin ETF flows. Source: Santiment<\/em><\/figcaption><\/figure>\n The monthly chart shows that the price broke above the cup-and-handle neckline at $69,000 in November 2024. Bitcoin is still validating the breakout and could rise to complete the maximum distance between the cup\u2019s trough and the neckline.<\/p>\n
That puts Bitcoin\u2019s cup-and-handle breakout target for 2025\u20132026 at around $305,000, up by more than 170% from current price levels.<\/p>\n
BTC\/USD monthly chart. Cointelegraph\/<\/em>TradingView<\/em><\/figcaption><\/figure>\n However, it is important to note that a cup-and-handle doesn\u2019t always guarantee the full upside move. A\u00a0study\u00a0by veteran analyst Thomas Bulkowski found that only 61% of these setups reach their expected targets.<\/p>\n
As\u00a0Cointelegraph reported, Bitcoin is in the middle of a classic bull cycle correction phase after all-time highs, which may bottom out around $104,000 before another leg higher.<\/p>\n
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