Bollinger Bands Inventor Sees Bitcoin Bottom In
Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal
Bitcoin price strength could "break" the entire downtrend if the reversal pattern completed, John Bollinger suggested in light of the BTC rebound.
Bitcoin (BTC) is completing a “perfectly fractal” reversal pattern that a well-known analyst hopes could end the bear market.
Bitcoin is on the final leg of what could become a major "W"-shaped reversal pattern.
John Bollinger suggests that its success could "break" the downtrend in place since October 2025.
Institutional interest slowly returns as newly reclaimed $60,000 holds.
John Bollinger hints BTC price "W" reversal could break bears
In X posts on Friday, John Bollinger, creator of the Bollinger Bands volatility indicator, eyed a “W”-shaped double bottom on BTC/USD.
“$BTC has seen a series of bullish patterns broken, evidence of the power of the downtrend,” he commented.
“Will this 'W' be the one that breaks the trend?”
“W”-shaped reversals involve two swing lows with a rejected rebound in between, with price ultimately breaking through that rejection level to form a new uptrend.

Our team consists of top-notch professionals with a deep understanding of market behavior and trends. We have a skilled team of full-time crypto traders who excel in market analysis and trading.
Follow the link provided to explore our statistics, signal accuracy, and testimonials from satisfied members.
Comments
Post a Comment