Bitcoin price clings to $20K as Bollinger Bands close in for volatility
— Convinced, Cointelegraph reported, Keeping additional headwinds, Assume, One trader ’, Nuke, Impacting crypto, Approach, Fluctuated, Opinions expressed — 1 min read
Bitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it fluctuated just north of $20,000. The pair stayed well within a defined range overnight, leading analysts to assume that a break up or down was next as a short-term prospect. Bullish signals on Bitcoin’s relative strength index (RSI) often precede price followthrough, making the current RSI chart a key reference point on low timeframes. On macro markets, the U.S. opened to modest gains, with the S&P 500 and Nasdaq up 1% and Source