Famed Trader Bollinger Pours Cold Water on Bitcoin's Recovery – U.Today
According to legendary technical analyst John Bollinger, Bitcoin has formed the “double bottom” chart pattern (W-shape), which is typically considered to be a bullish sign. Despite the bullish pattern, Bollinger has opined that the potential upside may not justify the risk, meaning that the current recovery might end up being short-lived for the leading cryptocurrency. ...
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