Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
Submitted by Anonymous (not verified) on Mon, 08/05/2024 - 14:10

Bitcoin's Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.


The trendline connecting 2016 and 2017 lows has consistently offered support since January.



SOL's months-long triangular price consolidation could bring good news for the bulls.

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