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Bitcoin Price: Tightening Technicals Signal Big Move



Bitcoin price has spent another day trading within its range-bound channel at around $8,200. The sideways action has been going on for almost a month now and technical indicators are starting to align with a signal for the next big move. So which way will it go?

Bitcoin Price Bearish on Bollinger Bands and Death Cross

It hasn’t happened yet but the 50-day moving average is about to fall below the 200-day MA. That is unless something big happens soon, which the Bollinger Bands are now signaling. The last time the death cross occurred on this time frame was in ...

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