Bitcoin posts strongest day since May; trades near $94,000 as institutional demand fuels bullish setup; Coinbase stock pops

first published 2025-12-03T09:11:47Z

Bitcoin’s monthly Bollinger BandWidth has fallen to all-time lows, a condition that historically preceded sharp ‘parabolic’ rallies. Macro strategist Gert van Lagen highlighted the repeat of a November 2023 'green' trigger that preceded ~100% BTC gains over four months. Price shows tentative strength around $94,000, but traders note on-chain and TA signals (volume, MACD, RSI) require confirmation and BTC must sustain levels above the ~$93,500 Four Year Cycle to close the year as a green candle.

AI Analysis

Monthly Bollinger BandWidth at all-time lows with a previously similar 'green' trigger in Nov 2023 that preceded ~100% BTC gain supports a bullish bias; however the summary states price strength is only tentative (~$94,000) and on-chain/TA indicators (volume, MACD, RSI) need confirmation and BTC must hold ~$93,500 to close the year green, which limits immediate conviction and market-moving impact.

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