Merry Christmas everyone,
As you guys can see on this 4 hours chart of BTC/USD, I'm using the Bollinger bands indicator which allows me to see the volatility of the market.
For the last week or so the price didn't change that much and that caused the Bollinger bands to shrink indicating a big move is coming we can't say if that move is bullish or bearish but all I can say is that a period of high volatility is coming to the market the coming days
As you guys can see on this 4 hours chart of BTC/USD, I'm using the Bollinger bands indicator which allows me to see the volatility of the market.
For the last week or so the price didn't change that much and that caused the Bollinger bands to shrink indicating a big move is coming we can't say if that move is bullish or bearish but all I can say is that a period of high volatility is coming to the market the coming days
Comment:
It turned out to be bearish for the market