Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally

BTC is down 3% in the past 24 hours, with ETH, AVAX, LINK and UNI leading altcoin losses. Bitcoin’s weekly Bollinger Bands compressed to similar levels seen not just last October, but in other …

Full story: https://www.coindesk.com/markets/2024/08/27/bitcoin-slides-below-62k-as-consolidation-drags-on-but-traders-eye-possible-parabolic-rally/