🔗 Crypto & Blockchain

Bitcoin's Bollinger Bands Hit 2024's Tightest Squeeze — 40% Swing Looms as Bittensor Implodes

Bitcoin's price has hugged a $63k-$75k range for weeks, with Bollinger Bands squeezing to their tightest since early 2024. A 40% breakout — up or down — feels inevitable, just as Bittensor's decentralization myth crumbles.

Bitcoin price chart showing narrow Bollinger Bands squeeze with impending breakout

⚡ Key Takeaways

  • Bitcoin Bollinger Bands at 2024 lows signal imminent 40% price swing ahead of CPI data. 𝕏
  • Bittensor loses key dev who calls its decentralization a 'lie,' dragging TAO down 12%. 𝕏
  • Privacy coins like DASH up 34% as investors flee metadata leaks in a surveillance-heavy world. 𝕏
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Originally reported by CoinDesk

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