A rare technical signal that preceded Bitcoin’s explosive rally in late 2023 has reappeared, with the Bollinger Bandwidth indicator dipping below 100 and flashing a green alert that could reshape Bitcoin price prediction for the remainder of December.
Macro strategist Gert van Lagen observed that every previous trigger of this indicator has been followed by a direct parabolic leg upward, raising expectations of a potential 40% surge before year-end.
Van Lagen noted the current setup mirrors Google’s parabolic run before its final blow-off wave ahead of the 2008 financial crisis, characterize