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via Cointelegraph · By Cointelegraph Staff

Bollinger Bands Creator Diverges With Traders as Bitcoin Breakout Begins

BTC

BTC/USDT

$63,194.19

+0.22%

$63,194.19

+0.22%

(24s)

24h Volume

$4,596,050,145.89

24h H/L

$63,390.00 / $62,716.00

Change: $674.00 (1.07%)

Long/Short

69.0%

Long: 69.0%Short: 31.0%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,119.67

▲ 0.35%

Volume (24h): -

Resistance Levels

Resistance 3$65,254.36

Resistance 2$64,507.45

Resistance 1$63,135.87

Price$63,119.67

Support 1$62,997.79

Support 2$62,320.84

Support 3$61,340.19

Pivot (PP):$63,002.00

Trend:Downtrend

RSI (14):44.0

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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