Mmastodon BusinessCrypto first seen 11 h ago, last 10 h ago, peak #4
Bitcoin indicators flash high volatility, traders eye 2022 bear market pattern
Original: 📈 Was sagen die Indikatoren? Die Bollinger Bänder fächern extrem auf (hohe Volatilität). Das Volume Profile zeigt den PO
Crypto traders are debating Bitcoin's technical picture, pointing to Bollinger Bands fanning out sharply, a sign of extreme volatility. Volume analysis shows the point of control acting as strong resistance, and some analysts ask whether the market is repeating the bear market fractal from 2022, fuelling caution about a possible deeper downturn.
Why now: Extreme volatility readings and a possible repeat of the 2022 bear market fractal have traders worried about where Bitcoin heads next.
Rank over time, top of the chart is #1. 3 snapshots from 11 h ago to 10 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/4728820