The cryptocurrency market is experiencing turmoil, with conflicting views on whether it is a good time to buy or sell. The Bollinger Bands indicator, created by trader John Bollinger, can help with analysis. The indicator shows that since January, the price of Bitcoin has consistently stayed below the middle band. Despite recent volatility and testing the lower band, Bitcoin has not touched the middle curve. The current price of Bitcoin is around $90,700, and based on recent trends, it is expected to find resistance around $92,200.



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