CandleFocus Legendary Trader John Bollinger Reveals If Bitcoin Price Ready to Squeeze
2024-12-04
Author: Content Editor
Trader John Bollinger, creator of the Bollinger Bands indicator, has made comments on Bitcoin's price action, noting the cryptocurrency's resilience above a critical level of support. Bollinger's chart showed Bitcoin's movements relative to the moving average, and he hinted at a potential squeeze forming. However, it is unclear whether this suggests Bitcoin will soon reach a six-digit price. Nonetheless, the market is fascinated by the possibility of Bitcoin surpassing this milestone.
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