Can Bitcoin cement a Bollinger Bands breakout to target $63,000?
Bitcoin could be set for historic gains thanks to a simple trend line breakout, a popular trader hopes.on May 5, Titan of Crypto flagged a rare bull signal on the Bollinger Bands indicator for the Bitcoin monthly chart.BTC price action currently impacts sentiment in different ways across various timeframes. While observers areabout short-term moves, zooming out, consensus remains that Bitcoin’s upside mostly lies ahead as the block subsidy halving approaches.
As Titan of Crypto notes, Bollinger Bands on monthly timeframes are setting up a repeat of a breakout event that has occurred only once in each cycle. Bollinger bands are a key volatility indicator across price timeframes. They revolve around a 20-period simple moving average functioning as a midline, with two standard deviations above and below representing the channel.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin (BTC) Price Analysis for May 4Can BTC get back to the $30,000 mark shortly? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
Weiterlesen »
Bitcoin price sets new May high above $29.5K as traders eye breakoutBitcoin inches closer to $30,000 as BTC price breakout hopes rise.
Weiterlesen »
10 Bands to See at Shaky Knees 2023If you're headed to Shaky Knees in Atlanta this weekend, here are 10 bands to check out.
Weiterlesen »
28 of the Best Wedding Bands for You and Your PartnerFrom traditional (simple band) to the extra-luxe (pavé diamond rings), shop the best wedding bands for brides and grooms.
Weiterlesen »
Price analysis 5/5: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTCAfter Ethereum, Bitcoin price could break out of its symmetrical triangle and pull select altcoins higher.
Weiterlesen »
BTC, ETH and XRP Price Analysis for May 6Which top coin can return to the bullish trend faster than others? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Weiterlesen »