Bitcoin's squeeze sets stage for major price swing

Bitcoin (BTC) is currently experiencing a compression in its volatility bands, signaling potential for significant price movements. Historical patterns have shown that such contractions often precede sharp price swings, making it crucial for traders to be alert to these developments. The recent surge in buying pressure since the end of last year suggests that we are entering a critical phase where new price trends could emerge. While specific price levels and targets are not mentioned, the situation warrants close monitoring as market reactions could indicate a clear directional move.