(BTC) and most main cryptocurrencies pulled again from latest native highs, signaling merchants reserving income. Is the present pullback a shopping for alternative or is the pattern down? That is in all probability the query on each dealer’s thoughts.
Bollinger Bands creator John Bollinger mentioned in a latest tweet that Bitcoin has refused from the higher Bollinger band and reached the center financial institution, close to its breakout stage. He mentioned it was a “logical place” and suggested merchants to “watch out”.