Legendary trader John Bolinger male Bitcoin underwent “an important opposite” in the lower Bollengerer.
“It should be good for a long trade with goals in the middle and upper ranges. The problem is that the very long day tail does not indicate a logical place for a reasonable interruption of trade.”
Of course, Paulinger is famous for creating severe bitcoin price predictions in the past, which is why he usually takes great attention within the investment community.
Bitcoin price increased to the highest level during the day 84,851 dollars, prompting some recent losses. It is currently traded at $ 84,590, according to CONINECKO data.
Earlier on Friday, the leading cryptocurrency fell to $ 78393, the lowest level in three months.
However, the standard round analysts still predict that the cryptocurrency can reach $ 200,000 as soon as possible this year.
