Bitcoin’s daily chart is flashing what John Bollinger calls “a little classic technical analysis”: a well-formed base followed by a Bollinger Band Squeeze and an upside breakout that puts $100,000 and roughly $107,000 in view, so long as price can hold the move and avoid slipping back into the prior range. Bitcoin Rebound To $107,000…
View More John Bollinger: Bitcoin BB Squeeze Breakout Targets $107,000Tag: John Bollinger
Ethereum And Solana Flash ‘W Bottoms’: Bollinger Returns With Legendary Call
John Bollinger, the inventor of Bollinger Bands and a figure whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—while Bitcoin is not. In a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD.…
View More Ethereum And Solana Flash ‘W Bottoms’: Bollinger Returns With Legendary CallBitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger
Legendary technical analyst John Bollinger has highlighted what he calls a “classic Bollinger Band W bottom” that may be forming on the Bitcoin pair BTC/USD. According to him, BTC appears to have found support in the $74,000 area, setting up the characteristic double-dip lows that define a W-shaped reversal pattern. Notably, Bollinger stressed that the…
View More Bitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger