BTC price is at a decision point within the context of the Bollinger Bands, but only time will tell whether Bitcoin can muster a breakout, their creator says.
John Bollinger News
John Bollinger is an American financial analyst and author, best known for developing the Bollinger Bands technical indicator. Bollinger Bands are used by asset traders to measure market volatility and can be applied to any time frame.
Bollinger began his early career working as a cinematographer. He then became an independent trader and later the chief market analyst of the Financial News Network, where he presented technical analysis on television. This led him to become a technical analyst, and in 1980, he developed the Bollinger Bands indicator. Bollinger has written several books on technical analysis and is a regular contributor to financial publications.
He founded Bollinger Capital Management, a research and investment management firm. He is also both a chartered market technician (CMT) and chartered financial analyst (CFA) and is the first analyst to earn both designations. Bollinger is a well-known figure in the financial world, and traders around the globe use his technical indicator. His work has helped shape modern technical analysis, and he is respected due to his expertise during market volatility.
BTC price should put in a “strong” reaction now that Bitcoin Bollinger Bands are at their most compact since the start of 2023.12666
Bitcoin and altcoins gave up the gains of last week’s relief rally and June 29’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows.9572
Current BTC price levels are being keenly eyed as a prime site for a macro Bitcoin price trend reversal.26431
Yes, if the signs of bottoming out coming from the U.S. stock market are true.14922
BTC and altcoins broke above their overhead resistance levels, but the actions of traders will determine whether bulls are back in control.15244
Relief for embattled U.S. tech stocks injects fresh energy in Bitcoin and altcoins, with Ether reaching two-week highs.10753
Top traders are starting to search for optimal long entries for BTC even as concerns about the Federal Reserve’s new policy directive weighs on stocks and crypto markets.55556
“Watch carefully, maybe take some profits or hedge a bit,” advises John Bollinger.21971
Current price activity could end up in bulls' favor, says John Bollinger, with traders keenly awaiting an uptick that could liquidate shorters.25149
Current BTC price action is no surprise given recent support and resistance focuses, says Bollinger bands creator John Bollinger.28234
The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.”32810
A brief breakout into bullish territory for BTC/USD was a red herring, says John Bollinger, who is urging “caution” among traders.41095