Bitcoin Snapshot Shows Price Below Bollinger Band as Stochastic Readings Fall Below 20
Photo: TokenPost
A Saturday technical snapshot placed Bitcoin (BTC) below its daily lower Bollinger Band, with stochastic readings below 20 pointing to weak momentum but not confirming a reversal. In a separate live market quote, Bitcoin was at $77,326, down 1.33% over 24 hours, as of 3:13 a.m. ET (07:13 UTC) Saturday. The technical snapshot set the lower Bollinger Band at $77,617.26 and the 20-day middle band at $81,101.68. Stochastic %K was 12.43 and %D was 9.95, both below 20. The relative strength index (RSI) was 34.49, above the conventional 30 threshold for oversold conditions.
Source: TokenPost
