Summary: John Bollinger has suggested that Bitcoin tagging the lower Bollinger Band on the monthly chart would be a logical place to put in a BTC bottom. However, he warned that Bitcoin is yet to tag the said Bollinger Band. MagicPoopCannon has also highlighted that Bitcoin’s weekly RSI is at its most oversold than ever before. Magic also cautions against a premature declaration of a Bitcoin bottom. The creator of the popular technical analysis indicator of Bollinger Bands, John Bollinger, […]
