Bitcoin price analysis: BTC tests Bollinger Bands breakout as its creator flips bullish

May 8, 2026 - 05:00
Bitcoin price analysis: BTC tests Bollinger Bands breakout as its creator flips bullish
The creator of the popular technical analysis indicator Bollinger Bands has taken a position in bitcoin, an asset his own indicator is currently flashing bullish on. John Bollinger, who developed the indicator in the 1980s, said in an X post that one of his investment fund’s proprietary trading models had flipped positive on bitcoin and...

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