Analysts expect Bitcoin to falter as price fails to break past low-$7000s

Analysts expect Bitcoin to falter as price fails to break past low-$7,000s | CryptoSlate

Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a technical analysis tool often used by traders looking for more information about trading ranges and volatility, for Bitcoin to reach “squeeze” levels, implying that volatility is on …