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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

$65,396.00

+1.52%

$65,396.00

+1.52%

(24s)

24h Volume

$6,255,785,831.24

24h H/L

$65,502.60 / $64,293.81

Change: $1,208.79 (1.88%)

Long/Short

63.0%

Long: 63.0%Short: 37.0%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,235.75

▲ 1.34%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$67,334.82

Resistance 1$66,150.65

Price$65,235.75

Support 1$64,329.31

Support 2$62,975.21

Support 3$61,544.56

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):54.4

CoinDesk Staff

(02:09 PM UTC)

1 min read

Approved bySarah Chen

604 views

0 comments

A 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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Source

CoinDesk Staff · CoinDesk

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