$BTC #CryptoRelatedStocksRallyBroadly Here is a technical analysis;
1. Market Context
· Current Price: $68,241.5 (+4.62%).
· 24h Range: High of $70,003.5 and Low of $65,223.5, indicating high intraday volatility.
· Volume: 24h Volume (BTC) is 23.67K, with Turnover at $1.61B, suggesting strong market participation.
2. Bollinger Bands (BOLL)
· Upper Band (UB): $69,288.9
· Middle Band (BOLL): $65,690.9
· Lower Band (LB): $62,092.9
· Analysis: The current price ($68,241.5) is trading well above the middle band and is approaching the upper band. This suggests bullish momentum. If the price breaks