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via Cointelegraph · By Cointelegraph Staff
Bollinger Bands Creator Diverges With Traders as Bitcoin Breakout Begins
BTC
BTC/USDT
$65,170.33
+1.08%
$65,170.33
+1.08%
(24s)24h Volume
$7,625,481,603.58
24h H/L
$65,577.00 / $64,293.81
Change: $1,283.19 (2.00%)
Long/Short
63.6%
Long: 63.6%Short: 36.4%
Funding Rate
+0.0056%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:55 AM UTC)
1 min read
892 views
0 commentsBitcoin (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…
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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