Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K
“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger. Go to Source Powered by WPeMatico
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“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger. Go to Source Powered by WPeMatico
Bitcoin correcting after a big announcement of Michael Saylor and facing crucial resistance at $51K. Go to Source Powered by WPeMatico
The statement appeared as a takeaway from Blockworks’ Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin. Go to Source Powered by WPeMatico
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend. Go to Source Powered by WPeMatico
Bitcoin price trades below $45,000 and analysts say the “almost uninterrupted run-up of the last two weeks” meant BTC was overdue for a slight correction. Go to Source Powered by WPeMatico
An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again. Go to Source Powered by WPeMatico
The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space. Go to Source Powered by WPeMatico
$42,000 is becoming an increasingly important battleground for Bitcoin bulls and bears. Go to Source Powered by WPeMatico
Traders identify $40,000 as the pivotal level Bitcoin price needs to trade above in order to avoid a revisit of July’s swing low. Go to Source Powered by WPeMatico
Calls for a doubled-up Bitcoin price rise as the cryptocurrency paints ten green candles in a row. Go to Source Powered by WPeMatico