John Bollinger warns of potential pullback amid Bitcoin’s price surge

2024-5-23 14:14

Veteran trader John Bollinger, the creator of Bollinger Bands, has expressed caution about Bitcoin’s immediate future. Bitcoin has surged nearly 13% over the past week and a half, reaching the $71,000 mark per BTC. This rally has led market analysts…

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bitcoin bollinger → Результатов: 126


Analyst That Called Bitcoin Surge to $10,000 Suggests Bottom is Nearing

In the middle of October, John Bollinger, the prominent technical analyst behind the Bollinger Bands indicator, remarked that Bitcoin (BTC) was going to see a so-called “head fake. ” For those unaware, a head fake in technical analysis terms is when an asset falls out of the Bollinger Bands, an indicator that estimates trading ranges, then.

2019-11-26 10:39


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After 3 weeks of stagnation, traders say Bitcoin poised to see big volatility

Following three weeks of stagnation, technical analysts anticipate the bitcoin price to see large volatility in the short term as it looks to test important levels. Cryptocurrency trader Josh Rager said: “With three weeks of sideways and the Bollinger Bands starting to pinch, Bitcoin price could see some volatility soon Good news is that the […] The post After 3 weeks of stagnation, traders say Bitcoin poised to see big volatility appeared first on CryptoSlate.

2019-10-14 14:33


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December.

2019-1-29 02:01


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies.

2018-8-25 00:42