It May Be Time for Bitcoin Traders to Focus on John Bollinger’s Price Bands Again
Bitcoin’s monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.
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Bitcoin’s monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.
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Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”