According to @rovercrc, Bitcoin’s (BTC) Bollinger Bands are heavily contracting, flagging a volatility squeeze that has preceded large moves in prior bull trends, source: @rovercrc on X. In Bollinger methodology, a squeeze indicates impending volatility expansion but not direction; traders typically wait for a decisive close outside the bands with rising volume for confirmation and treat re-entries back inside the bands as failed breaks, source: John Bollinger, Bollinger on Bollinger Bands (McGraw-Hill). Risk management commonly centers on placing triggers just beyond the upper or lower band and using the middle band (20-day SMA) or recent range extremes for stops to reduce whipsaw risk during squeezes, source: John Bollinger, Bollinger on Bollinger Bands (McGraw-Hill).