Bitcoin’s Bollinger Bands indicator is at a critical turning point, suggesting a significant price move. Previous contractions led to explosive price expansions. The cup-and-handle pattern targets $300,000, with bullish factors like Fed interest rate cuts and institutional demand. Bitcoin could reach $305,000, but cup-and-handle patterns don’t always guarantee full upside move.

Read more at Cointelegraph: Bitcoin Bollinger Bands Set Up For Explosive Move