You are viewing a single comment's thread from:
RE: Ethereum TA discussion: Bollinger bands tightening! Due for a breakout (or break-down)?
Yup, and they started to then go tighter on 6h b-bands too .....but then kaboom; Unfortunately, the direction was down!
Not sure if it can be completely attributed bitcoin either...I am thinking the high inflation could be a sigificant factor - The current price needs a lot money from buyers to maintain it, and I think it's fair say the hype has possibly died down quite a bit.