Bitcoin, the cryptocurrency boasting the highest global market capitalization, has experienced an unexpected and significant surge, surpassing the crucial $30,000 threshold for the first time since April 19. This remarkable upswing has managed to captivate the attention of the esteemed trader, John Bollinger, who graciously shared his astute insights regarding Bitcoin’s current momentum. In his…
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Bitcoin price keeps sinking, but has kept mostly sideways leaving bears unable to break support to new lows. With the trading range at a pivotal point, as one trading legend often says it is “time to pay attention.” The reason for the focus, is because what started as a fractal in price action, is now…
Bitcoin throughout its short decade long history has been on a steady uptrend in price and in a secular bull market. But while price is rising, volatility has long been trending down.But what are the reasons behind this trend, and what exactly does this mean for Bitcoin the near and long term?Early Exponential Growth In First-Ever…
With Bitcoin trading sideways for so long and volatility dropping to such uncharacteristic lows, crypto analysts are watching the Bollinger Bands closely. Even the tools creator has since spoken out about the current price action in BTCUSD. In the past, when he speaks, a major move often follows. Is it once again time to pay…
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.…
In his latest analysis, legendary trader John Bollinger has expressed concerns over Litecoin’s performance, particularly in comparison to Bitcoin. Bollinger, known for developing the popular technical analysis tool Bollinger Bands, highlighted a worrying pattern in the Litecoin market. He remarked, “I was asked for an analysis of LTCBTC. The thing that concerns me the most…
Bitcoin price is back at local highs, but still struggling to set a new record beyond $61,800. The lack of a further push by bulls even with positive news out of PayPal, has caused one iconic trader to warn of the possibility of a topping pattern forming. The theory is based on a set of…
John Bollinger, known for his expertise in market analysis, has recently shared his insights on Bitcoin’s current market trajectory, noting that the premier cryptocurrency is exhibiting “signs of strength.” This observation comes when Bitcoin consistently sets new highs amid the ongoing bull run. The asset has experienced a surge, climbing above $44,000, representing a 4.5%…
John Bollinger, the creator of Bollinger Bands, used a sharply worded post on X on April 21 to argue that Bitcoin, XRP and the broader crypto market need a break from what he sees as capital being pulled out of the sector by Washington. Bollinger did not cite a dataset or name a specific policy…