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via Cointelegraph · By Cointelegraph Staff

Bollinger Bands Creator Diverges With Traders as Bitcoin Breakout Begins

BTC

BTC/USDT

$79,926.00

+0.22%

$79,926.00

+0.22%

(24s)

24h Volume

$6,941,458,402.13

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,812.01

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$80,157.58

Price$79,812.01

Support 1$79,635.96

Support 2$77,523.79

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.7

Cointelegraph Staff

(10:55 AM UTC)

1 min read

Updated byEmily Watson

0 comments

Bitcoin (BTC) is attempting its first Bollinger Bands breakout in months — but creator John Bollinger is more bullish than some traders.

Key points:

Bitcoin faces stiff resistance as it attempts daily candle closes above the upper Bollinger Band.
Volatility comes right on cue after the Bands' tightest-ever conditions last month.
Creator John Bollinger takes advantage of "positive" trading signals as…

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Source

Cointelegraph Staff · Cointelegraph

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