This gives the bands a 20 day , thus capturing a month of trading.
9 to 5 trading, 5 days a week, 20 days/month
However, Bitcoin may require a change of this setting to 30 because it is traded 24/7.
24/7 trading, 30 days/month.
Chart is annotated with various squeezes at a 0.13 threshold on BBand width indicator. There haven't been many such squeezes, the most comparable may be the squeeze in Sept 2013, which was also post-halving. Just as that squeeze broke out after 6 days of contraction, I expect this squeeze to break after 5-6 days.
Squeezes on this setting have largely been binary - 1 or 4/5/6 days OR a 'super squeeze' of 20/40/60 days. Seeing as how we just had a massive 200 day consolidation, I would surmise that this squeeze will be of the former duration and not the latter.
Side Note - I've traded with altered settings for 3 years using this same rationale (24/7 trading vs. 5 day a week trading) which have been very successful.