Quick take: Yesterday, John Bollinger had cautioned that Bitcoin’s attempt at $20k was a classic top setup Bitcoin has since dropped from $19,900 to $18k in a flash crash The 50-day moving average seems like a good area for a bounce Other macro support zones lie at $16,300, $15,600 and $14,800 Late yesterday, the inventor of the popular charing tool of Bollinger Bands, John Bollinger, cautioned Bitcoin traders that BTC might have printed a classic top setup. Mr. Bollinger went […]
