The legendary name of the technical analysis world John BollingerBitcoin 
$108,045.48‘s Bollinger bands on the upward breaks on the preparation of the preparation. 75 -year -old analyst stressed that the market is approaching the critical threshold in his last X sharing. Largest crypto currency The last daily and weekly closing of 109 thousand 233 dollars to the highest level of all time, and the record is only 3 percent distance.
Volatility Bang Signal in Btcoin, one of the Bollinger bands
Bollinger’s latest assessment is based on the contraction of the bands bearing their name and the “W” formation. This structure BitcoinWhen the price of the price is recovered from under the bands, it is usually considered to be the confirmation of the trend return. The analyst expects a explosion of volatility after the narrowed band and that the rise is at the door stated. In other words, Bitcoin is currently in search of acceleration and this acceleration depends on the breakdown of technical jam.
Bollinger underlined that the signal is now valid in the spot and directly on the spot. Although he does not share any price level, he stressed that the breaking threshold was approached. The last closing momentum of $ 109 thousand 233 shows that the table is positive.
There are 100 percent accuracy in the last two Bitcoin prediction
The analyst’s last two predictions are still fresh. Bitcoin fell to $ 74 thousand 434 on April 7, while the Bollinger foresee the purchase opportunity on April 10, saying the classic W bottom. As a matter of fact, after this prediction, the price rose by 30 percent in four weeks. On February 28, the 78 thousand 197 dollars of the bottom threshold also made a similar call, and the price only made 21 percent rally in three days.
This series of foresight success Bollingerstrengthens the expectation that the last prediction of the last prediction. Of course, nobody is infallible, but consecutively consistent predictions bring this last output of the legendary name of the world of technical analysis in the market. The 75 -year -old expert says that he has seen a new rise, especially short -term investors, especially in waiting.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
