Legendary Trader Bollinger Names Upside Targets for Bitcoin
4 Articles
4 Articles
Bollinger Sees Bitcoin Poised for $100K Breakout
Bitcoin’s recent price action has captured the attention of seasoned technical analysts, with John Bollinger, the creator of the Bollinger Bands, highlighting a “near perfect base” followed by a Bollinger Band Squeeze and an upside breakout. This technical setup has set the stage for potential significant gains, with initial targets identified at $100,000 and $107,000. However… Source
John Bollinger: Bitcoin BB Squeeze Breakout Targets $107,000
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 Next? “Near perfect base for BTCUSD with a Bollinger Band Squeeze and breakout,” Bollinger wrote alongside the ch…
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