Bitcoin Bollinger Bands

Bitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger

Posted on April 12, 2025 by ante — No Comments ↓

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… Continue reading Bitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger→

Bitcoin Faces Serious Price Compression – What Happened Last Time

Posted on February 23, 2025 by ante — No Comments ↓

Bitcoin has experienced a tiring price action in recent weeks, with the price struggling to set a clear short-term direction. Investors are beginning to feel impatient as BTC remains stuck in a tight range, showing no decisive breakout. The price was testing crucial supply between $98K and $100K when the market was hit by negative… Continue reading Bitcoin Faces Serious Price Compression – What Happened Last Time→