Bollinger Band squeeze

Bitcoin Faces Volatility Risks Amid Key Resistance and Weak Support Zones

Bitcoin volatility risks escalate as the cryptocurrency struggles to breach the critical $117,000 resistance threshold. After temporarily surpassing $115,000 in recent trading, the price retreated to approximately $114,000, reflecting persistent selling pressure. Technical analysis indicates weak support between $113,000 and… Read More »Bitcoin Faces Volatility Risks Amid Key Resistance and Weak Support Zones

Bitcoin Consolidates Below $117K as Bollinger Band Squeeze Hints at Imminent Volatility

Bitcoin is currently trading below the $117,000 resistance level, confined within a narrow range between $117,000 and $119,700. This consolidation phase reflects subdued trading volume, creating conditions that historically precede significant price breakouts. Technical indicators highlight tightening Bollinger Bands, signaling… Read More »Bitcoin Consolidates Below $117K as Bollinger Band Squeeze Hints at Imminent Volatility