As of today, analyst William Clemente confirms that Bitcoin is entering its first major volatility squeeze, following the last one in April that pushed prices below their all-time high, and triggered the bull rally in July of 2020. According to the analyst, this is a rare occurrence that essentially signals a brewing bull market for Bitcoin. As he is quoted saying \u201call it means is a big move coming.\u201d<\/em><\/p>\n Popular Crypto Trader ZeroHedge also shares Clemente’s assertion, writing; \u201cWilliam beat me to it!We\u2019re officially in a volatility squeeze ladies & gentlemen\u201d.<\/em><\/p>\n The volatility squeeze pattern surfaced not long after analysts pointed out that Bitcoin was imitating the technical analysis approach which is known as the Wyckoff accumulation semantics. Essentially, analysts had expected that Bitcoin hits $50,000 in the near term if it successfully follows through the fourth phase of the accumulation, but ZeroHedge is convinced that Wyckoff has \u201cbroken perfect structure on Bitcoin,\u201d implying that that chapter is done.<\/p>\n Generally, the sentiments are mixed, but they are mostly bullish. Even with the FUD\u2019s pronounced presence in the market, investors like Lark Davis maintain that the fears are no different from the usual. He puts his faith in the long term possibilities, saying;<\/p>\n![](\"https:\/\/s3.tradingview.com\/snapshots\/u\/UeD2gASb.png\")
<\/p>\nMixed Sentiments wrap crypto market, but bulls remain confident<\/strong><\/h2>\n