John Bollinger Issues Bitcoin 'Head Fake' Warning
Main Idea
John Bollinger warns of a potential 'head fake' in Bitcoin's price movement, while Bitcoin experiences volatility, dropping to a multi-week low before recovering slightly.
Key Points
1. Bitcoin plunged to a multi-week low of $111,919 on Bitstamp before recovering to $115,732.
2. Bitcoin's current price is $115,229 on Bitstamp.
3. Bitcoin reached an all-time high of $122,838 on July 14.
4. John Bollinger highlights a potential 'head fake' in Bitcoin's price movement, suggesting caution.
Description
Bitcoin and other cryptocurrencies are now setting up a "head fake" following a Bollinger Band squeeze
$BTC
$116259.0
+1.95%
Latest News
- Major SHIB DAO Updates Revealed by Shiba Inu Developer2025-08-07 13:58:50
- Cardano (ADA) Price Prediction for August 72025-08-07 13:53:31
- DOGE Price Prediction for August 72025-08-07 13:50:11
- Binance Users Add 59,000,006 XRP as Price Doubles2025-08-07 13:38:54
- Shytoshi Kusama Faces Backlash Over 'SHIB President' Proposal: Details2025-08-07 13:33:03