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What Bitcoin correction? BTC price holds $55K despite several bearish indicators By Cointelegraph


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Expert analysts, media outlets CointelegraphRecent indicators suggest that (BTCThe price rise could become too prolonged.

Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs of a “top” were building up.

Bitcoin ‘Fear & Greed’ index (above) and Bitcoin price at Bitstamp (below). Source:, TradingView
Coinbase uses 20-day Bolling bands to determine the Bitcoin price TradingView
Bitcoin 8-hour permanant futures funding rate Source: