$100,000 Bitcoin in Danger, Bollinger Bands Warn

How Will Cryptos Fare in Historically Quiet June?

After a banner performance in May, Bitcoin ran out of gas at the start of June, which is usually known for weak returns for risk assets.Last month, the token surged to a new all-time high of over $111,000 before paring back gains to trade around $104,000 on Monday. The tapering off in cryptos coincided with a pullback in risk assets, including stocks on US President Donald Trump's trade war uncertainty.Source: CoinGeckoRising trade tensions and …

Bitcoin Price Slips After May Highs: Is $100K in Danger?

Bitcoin (BTC) ended May on a historic high, briefly touching an all-time peak of $111,980. However, the start of June has been less encouraging, with prices retreating to the $104,000 level. One key technical indicator is now flashing potential warning signs. The daily Bollinger Bandsused to assess volatilityhave tightened significantly following Mays breakout. BTC has slipped toward the lower half of the band range and currently hovers around t…

$100,000 Bitcoin in Danger, Bollinger Bands Warn – MAXBIT

Bitcoin (BTC) had a great end to May, but it’s not looking so good for June. After hitting an all-time high of $111,980 last week, Bitcoin has slipped back to the $104,000 range, with one major technical indicator showing early signs of pressure. The daily Bollinger Bands, which track volatility and trend shifts, have narrowed a...

$100,000 Bitcoin in Danger, Bollinger Bands Warn

Bitcoin faces worrying breakdown risk, Bollinger Bands point to pain