Bitcoin (BTC) Has 100 Days: Boom or Doom After That? (Analyst Weighs in)
The price of the leading digital asset has lost some steam after hitting a new all-time high above $126,000. However, one crucial indicator suggests a new parabolic move could be knocking on the door.
Major Move in the Next 100 Days?
The technical analysis tool in question is Bitcoin’s weekly Bollinger Bands, which consist of upper and lower boundaries that show how far the price moves away from its average. According to X user Tony “The Bull” Severino, the lines have recently tightened to record levels.
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Wall Breaking? Bitcoin Faces Key Test Near $126K Trendline
559,000 BTC Added in Just 3 Months: New Buyers Flood the Bitcoin Market
Bitcoin (BTC) Has 100 Days: Boom or Doom After That? (Analyst Weighs in)
The price of the leading digital asset has lost some steam after hitting a new all-time high above $126,000. However, one crucial indicator suggests a new parabolic move could be knocking on the door.
Major Move in the Next 100 Days?
The technical analysis tool in question is Bitcoin’s weekly Bollinger Bands, which consist of upper and lower boundaries that show how far the price moves away from its average. According to X user Tony “The Bull” Severino, the lines have recently tightened to record levels.
Read More
Wall Breaking? Bitcoin Faces Key Test Near $126K Trendline