Bitcoin price Bollinger Bands ‘failure’ risks end of uptrend at $112K


Bitcoin price Bollinger Bands ‘failure’ risks end of uptrend at 2K


Bitcoin Bollinger Bands analysis leads to potentially grim conclusions about the fate of the BTC price rebound, which began at sub-$75,000 lows in April.

Key points:

BTC price action has rejected from the upper Bollinger Band several times since April.

The metric’s creator now sees the potential for the local uptrend to end altogether.

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