BTC Price is currently trading around the middle Bollinger Band.Historically, when price breaks above the middle Bollinger Band, Bitcoin enters a strong bullish phase.So far, price has tested the middle Bollinger Band for the first time this cycle, which is a key support level.A break below could trigger a massive correction and signal a bear market, while a successful hold could lead to a strong upside move.
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BTC Price is currently trading around the middle Bollinger Band.Historically, when price breaks above the middle Bollinger Band, Bitcoin enters a strong bullish phase.So far, price has tested the middle Bollinger Band for the first time this cycle, which is a key support level.A break below could trigger a massive correction and signal a bear market, while a successful hold could lead to a strong upside move.