The historical context of this indicator has been more used for a sentiment-based long-term read, but not so much a timing-based one. ‌


The lower bands are typically seen during a time where the market is bearish, and most people think the bear market has ended.

The Bitcoin price is currently trading around the lower bands, which is where the discussion about the undervaluation of Bitcoin is coming from.
No promises, of course, but the time when the price enters these areas is typically the time where patience is a more important virtue than excitement. $BTC

#BitcoinSurgesAbove$70K
#CryptoMarketBouncesBack
#GateSquareAIReviewer
#IranSetsClearCeasefireConditions
BTC0,62%
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Discoveryvip
· 1h ago
2026 GOGOGO 👊
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