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Bitcoin Bollinger Bands Repeat ‘Parabolic’ Bull Signal From Late 2023

Bitcoin’s Bollinger BandWidth has contracted to an all‑time low, echoing the “green” signal that sparked a 40% rally in late 2023. Macro strategist Gert van Lagen argues the pattern historically precedes a parabolic price leg, suggesting another surge could be imminent. However, traders remain skeptical, pointing to low volume, mixed MACD/RSI readings, and the need for sustained price action above $94,000. The market’s near‑term direction hinges on whether the bullish structure can hold through December’s critical 2% upside target.