The last time Bollinger bands were oversold on the Weekly was back in Nov, 2018. I remember that drop everyone that was around crypto remembers that drop the 6200 to 3200 straight dump. We are now sitting at around 96000 ish. and we are as deep as we were back when BTC hit that bottom at $3200 ish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.