Bloomberg Expert Robin Warns of Bearish Trend with Bollinger Bands Narrowing

According to the 15-minute chart, the recent trading activity has triggered Bollinger Bands Narrowing and a Bearish Marubozu pattern on July 8th, 2025 at 2:45 PM. This suggests that the magnitude of stock price fluctuations is decreasing, indicating that sellers are exerting control over the market. As a result, it is likely that bearish momentum will continue.

Bitcoin (BTC) has shown signs of consolidation on its 15-minute chart, with Bollinger Bands narrowing and a Bearish Marubozu formation observed on July 8th, 2025, at 2:45 PM. This pattern suggests a decrease in the magnitude of price fluctuations, indicating that sellers are currently in control of the market [1].

The Bollinger Bands, used to assess momentum and volatility, have tightened, indicating a potential breakout or reversal. This pattern was last seen in February and March 2024 when BTC surged 75% after breaking above the upper Bollinger Band boundary [1]. A Bearish Marubozu, characterized by a single candle with no upper wick and a long lower wick, suggests strong selling pressure and often signals a continuation of the downtrend [2].

Despite these bearish signals, analysts remain optimistic about BTC's long-term prospects. The cryptocurrency has shown consistent institutional demand through ETF inflows and treasury companies. Additionally, a cup-and-handle pattern in higher timeframes indicates a potential breakout towards $200,000 [1].

BTC started the week on a positive note, rising to an intraday high of $109,726 before losing momentum and dropping to its current level. The flagship cryptocurrency is down 0.48%, trading around $108,698. Analysts believe BTC is on the verge of a big move, with its Bollinger Bands reaching a critical point that could suggest a breakout is imminent [1].

Bitcoin's price action has been influenced by various macroeconomic factors, including President Trump's tariff deadline and the Federal Open Market Committee (FOMC) minutes. A return of retaliatory tariffs could be bearish for BTC and other cryptocurrencies. The FOMC minutes are expected to provide more information about the previous meeting and when the Fed could cut interest rates. A rate cut will be bullish for BTC and the broader crypto market [1].

In conclusion, while the current price action suggests bearish momentum, analysts remain optimistic about BTC's long-term prospects. The narrowing Bollinger Bands and Bearish Marubozu signal a potential breakout or reversal, but further analysis is needed to confirm the trend.

References:
[1] https://bitzo.com/2025/07/bitcoin-price-analysis-btc-starts-crucial-week-in-the-red-slips-below-109000
[2] https://www.ainvest.com/news/creative-media-15min-chart-bollinger-bands-narrowing-bearish-marubozu-formation-2507-28/