The Bitcoin Miners ETF $WGMI is currently exhibiting a Squeeze Score of 96.6.
Here's what the chart looks like:
Bitcoin miners are coiled against a key support level—the AVWAP from the April lows that preceded a 500 percent run.
Volatility on the Strazza Indicator remains compressed across multiple timeframes, and a shift in momentum from this level could ignite another powerful leg higher.
As long as price holds that AVWAP, the path of least resistance remains to the upside.
