Legendary financial analyst John Bollinger said that Bollinger bands have failed in the first and succeeded in the second for Bitcoin (BTC) rise.
John Bollinger posted on his official social media account on June 21. in the shipmentBitcoin’s daily period he was the inventor Bollinger bands his reaction commented. Analyst in bitcoin your rise will continue hinted at.
Bollinger reported that Bitcoin declined at the beginning of June. 25,700 indicator with dollar price lower band has been tested but this test did not result in a great rise last week about 25,100 at dollar level happening your test that you have successfully underlined.
The analyst used the following statements on the subject:
The first model failed, but the second succeeded.
According to the interpretation of the Bollinger indicator sub channel after testing a short time then the price that goes out of the upper channel limits continue to rise Waiting.
Analyst, wider in a time interval examining the table on perspective can clear things up price in the past bollinger indicator top channel he broke cases above TRUE watching seen.
According to Coinecko data, the latest 30 days in 10.0% appreciated bitcoin, end 24 hours in 3.9% as of writing by experiencing the rise $30,032 traded at the level.
