Bitcoin Might Face Two-fold Surge According To Bollinger Bands

The post Bitcoin Might Face Two-fold Surge According To Bollinger Bands appeared on BitcoinEthereumNews.com.

Crypto Live News Author: Nidhi Kolhapur Nidhi Kolhapur Author Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Jul 19, 2024 17:50 According to Bollinger Bands, Bitcoin might face a twofold surge in the market. In the best-case scenario, $190,000 will be the new ATH for the digital currency. Bollinger Bands are at historically low levels. This compression was observed only in April 2016 and July 2023. In each case, over the next 12 months, Bitcoin prices increased dramatically. And if the pattern continues, Bitcoin may hit $140,000 to $190,000 in less than a year. However, External factors and the general market trend are also crucial. Source: https://coinpedia.org/crypto-live-news/bitcoin-might-face-two-fold-surge-according-to-bollinger-bands/

Leave a Reply

Your email address will not be published. Required fields are marked *

Filed under: News - @ July 19, 2024 2:24 pm