This Technical Indicator Shows Bitcoin is About to See Wild Volatility

Bitcoin and the aggregated cryptocurrency market have been flashing mixed signs throughout the past several days and weeks. While looking towards its lower time frames, Bitcoin is expressing some signs of strength.

At the time of writing, Bitcoin is trading up marginally at its current price of $9,310, marking a notable climb from recent lows of $9,100 that were set early yesterday morning following the rejection it faced at $9,400. Bitcoin is showing some signs of low time frame strength, which, if built upon by bulls, could help boost its mid-term outlook.

Timeline of Bitcoin