Bitcoin is not crashing anymore. It is coiling. After falling to about $76,460 and recovering toward $78,500, bitcoin was trading near $78,639 on October 30, sitting just $97 above its lower Bollinger Band at $78,542. That is the statistical edge of its 20-day envelope: the middle band, the 20-day simple moving average, sits at $81,484, roughly $2,846 above spot, and the upper band at $84,426....
