Bitcoin and the Bollinger Band Width indicator

A very useful indicator is the BBW or Bollinger Band Width indicator. The higher the peak, the wider the Bollinger Bands. The lower the valleys, the tighter the Bollinger Bands. In a bull market, you will see higher highs AND higher lows. In a bear, lower highs AND lower lows. At present we are in accumulation mode with neither higher highs or lower lows. Also notice how the lows touching the yellow line I drew, predicted big moves in the Nov 2018 crash, start of the 2019 bull and the crash from $10K. This indicator is most useful on the daily.