Bitcoin bounced off the lower Bollinger Band.

Hello, dear TradingView members.

This is a Bitcoin idea.

Here is a 4H timeframe. The price is consolidating in this price range between the local key levels.

The price of Bitcoin is more likely to go up since the lower Bollinger Band is touched.

When the price touches the lower Bollinger band, the price needs to go higher to touch the higher band.

You can open short positions when the price reaches the range around local resistance #2.

Watch out for solid support and resistance levels.

Now let's see your ideas. Let's have a discussion.

Let me know if you guys have any questions;

I will be more than happy to help.

Good luck, and thank you.

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