Bitcoin price clings to $20K as Bollinger bands close in for volatility – Cointelegraph

Bitcoin price clings to $20K as Bollinger bands close in for volatility – Cointelegraph

Bitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Next move “likely sets direction going forward”

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it fluctuated just north of $20,000, retaining a pattern characteristic of the week so far.

The pair stayed well within a defined range overnight, leading analysts to assume that a break up or…


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