📝 $BTC is currently consolidating at the bottom of the Bollinger Bands — a level that often precedes major moves. While we haven’t observed a big bounce yet, the setup suggests it could be on the horizon.
📍 From a technical perspective, I’m inclined towards an upward move. However, we first need to navigate the turbulence in the broader financial markets.
💡 On a positive note, the challenging month of March is coming to a close, historically increasing the odds of market optimism.
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#Bitcoin Bollinger Band 👀
📝 $BTC is currently consolidating at the bottom of the Bollinger Bands — a level that often precedes major moves. While we haven’t observed a big bounce yet, the setup suggests it could be on the horizon.
📍 From a technical perspective, I’m inclined towards an upward move. However, we first need to navigate the turbulence in the broader financial markets.
💡 On a positive note, the challenging month of March is coming to a close, historically increasing the odds of market optimism.