Important takeouts:
Bitcoin’s Bollinger Band Indicator has reached an important turning point for the Bulls.
Bitcoin’s Cup and Handle Pattern targets $300,000 backed by multiple tailwinds.
The Bitcoin indicators that traders use to assess volatility suggest that a critical turning point may be reached and a critical price movement may be ongoing.
Crypto Trader and Analyst Matthew Hyland noted that Bitcoin (BTC) Bollinger Band (a tool that measures the momentum and volatility of assets within a certain range) has reached the “most extreme level” in the monthly time frame since its inception in January 2009.
He wasn’t the only trader to find a new pattern.
“The 1M (monthly) Bitcoin Bollinger Band is in historical tension,” added popular analyst Crypto Ceasar.
“This previously led to a huge upside down volatility. Bitcoin could be taking part in the spicy Q4.”
The 1M (monthly) Bollinger Band is a historic tension. This previously caused a major volatility to the contrary (see chart).
Bitcoin is spicy q4
– đź‘‘CRYPTOCAESAR👑™♥ (@crypto_caesar1) September 6, 2025
All previous contractions in 2012, 2016 and 2020 “were ahead of an explosive price expansion,” Crypto investor Giannis Andreou said in an X post last week, showing the current setup even tougher, indicating the biggest move possible ever seen at BTC prices.
“Big volatility first!”
In this bull market, it is not the first time that a band has pointed to a major price increase for BTC. As reported by the Cointelegraph, in early July, three-day chart pressure prevented them from running to their current highs above $124,500, which reached August 14th.
Bitcoin Cup and Handle Pattern Targets $300,000
As Cointelegraph continues to report, multiple factors have put Bitcoin in a better position, despite recent attempts to maintain a recovery exceeding $112,000.
In addition to the imminent Fed interest rate cuts and bullish on-chain metrics, Bitcoin can reflect gold gatherings and regain momentum to over $185,000.
Related: Bitcoin wobble after shocking our work revision: What’s next for BTC?
The sustained institutional demand from Spot Bitcoin ETFs and finance companies will bolster the benefits of Bitcoin as the positive flow Spot BTC ETF tested positive on Monday.
“Money is rapidly returning to Bitcoin ETFs as retailers drop out of encryption with impatientness,” said market intelligence company Santimento on X-Post Wednesday.
“Previous crypto rallies were boosted by influx spikes like this.”
Monthly charts show that in November 2024 the price broke for $69,000 above the cup and handle neckline. Bitcoin is still verifying breakouts and can complete the maximum distance between the cup trough and neckline.
This has resulted in a 2025-2026 Bitcoin Cup and Handle Breakout Target up over 170% from current price levels.
However, it is important to note that the cup and handle does not always guarantee a complete reverse movement. A study by veteran analyst Thomas Brukowski found that only 61% of these setups reached the expected target.
As reported by Cointelegraph, Bitcoin is in the middle of the classic Bull Cycle correction stage after a thorough high, and could be at a bare $104,000 before another leg rises.
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
