Tag Archives: btcusd

Time To Pay Attention: Famed Bollinger Band Creator Comments On Bitcoin

Time To Pay Attention: Famed Bollinger Band Creator Comments On Bitcoin

With Bitcoin trading sideways for so long and volatility dropping to such uncharacteristic lows, crypto analysts are watching the Bollinger Bands closely. Even the tools creator has since spoken out about the current price action in BTCUSD. In the past, when he speaks, a major move often follows. Is it once again time to pay attention […]

Bitcoin Price Watch: BTC/USD’s Resistance Turned Support at $6,320

Bitcoin Price Watch: BTC/USD’s Resistance Turned Support at $6,320

Key Points Bitcoin price climbed higher and broke the $6,320 and $6,380 resistance levels against the US Dollar. There was a break above a major contracting triangle with resistance at $6,330 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting lower and the previous resistance at $6,320 […]