Bitcoin Price Must Hit $7.3K to Avoid Bearish Bollinger Band ‘Squeeze’

Source: Coin360 Bollinger: Bitcoin preparing for next breakout Data from Coin360 showed BTC/USD hit a sharp downturn on Saturday, losing around $70 in a matter of minutes and abandoning ground gained on Friday. “Eventual resolution of all moves of this caliber have resulted in initial 20%+ price swing,” fellow pundit Josh Olszewicz added in separate comments on Bitcoin’s Bollinger Band position.

VeChain hack contrasts steady altcoin market In line with Bollinger’s words, altcoins mimicked Bitcoin’s low volatility as the weekend began, trading at broadly the same levels on the day. The overall cryptocurrency market cap was $196.4 billion, with Bitcoin’s share at 66.6%.

Timeline of Bitcoin, Vechain