Bitcoin's Bollinger Bands turn bearish, signaling potential downside for the cryptocurrency

From Investing.com

March 09, 2025 03:30:24 PM:

Bitcoin’s Bollinger Bands have shifted to a full bearish signal, indicating potential downside for the cryptocurrency. This technical analysis tool suggests caution for bullish investors. The bands tightening around Bitcoin’s price point to increased volatility and a possible trend reversal. Traders are advised to closely monitor these indicators for potential market movements.

Read more at Investing.com: Bitcoin Bulls Beware as Bollinger Bands Turn Full Bearish