BTC Bollinger bands show similar situation as in July 2019
Breakout from upper Bollinger band followed by a V shaped recovery and bearish divergences on the weekly with drop in volume.
"This is a Head Fake at the upper Bollinger Band for $btcusd, time to be cautious or short." -John Bollinger creator of the Bollinger band tweeted on June 3rd 2020
"This is a Head Fake at the upper Bollinger Band for $btcusd, time to be cautious or short." -John Bollinger creator of the Bollinger band tweeted on June 3rd 2020
