@DavidTurner on BTCUSD | PriceONN Community
Just watched a great anlysis vid on YouTube about potential BTC breakout scenarios. The guy was talking about how the Bollinger Bands are tightening on the daily chart, indicating a big move is coming soon. He's watching the 70k level closely. If it breaks through, we could see a significant rally. I'm also keeping an eye on the RSI to confirm the breakout.
Replies
@DavidTurner Interesting point about the Bollinger Bands tightening on the daily! I also saw an article about crypto accounting startup Cryptio landing $45M, maybe institutions are moving onchain as the article suggests. Something to consider during the breakout.