Trading is neither an exact science nor art. It is a mixture of both. There are scores of publicly available indicators and each claims to be the best. However, none of them are perfect or designed to be used in isolation.One of the more popular indicators widely used by several traders is Bollinger Bands, an indicator that can be used to spot price peaks, lows, and … [Read more...] about Is Bitcoin overbought or oversold? Use Bollinger Bands to find out!
BTC/USD could soar to $59,500, with further gains likely to push prices to a new high near $62k, John Bollinger says Bitcoin is trading near $57,900 as bulls attempt to push prices higher amid selling pressure. The top cryptocurrency is up just 1.24% over the past 24 hours and remains 3.5% in the red week-on-week. Despite the struggle and formation of a bearish trend line, one … [Read more...] about Bitcoin (BTC) set for bullish breakout with squeezed Bollinger Bands