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via CoinDesk · By CoinDesk Staff
Bitcoin price analysis: BTC tests Bollinger Bands breakout as its creator flips bullish
BTC
BTC/USDT
$59,592.00
-1.96%
$59,592.00
-1.96%
(24s)24h Volume
$29,339,140,664.43
24h H/L
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate
+0.0014%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(02:09 PM UTC)
1 min read
604 views
0 commentsA related MVRV indicator hit overheated levels last seen before bitcoin's late-2024 push to $100,000.
The creator of the popular technical analysis indicator Bollinger Bands has taken a position in bitcoin, an asset his own indicator is currently flashing bullish on.
John Bollinger, who developed the indicator in the 1980s, said in an X post that one of his investment fund's proprietary trading…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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