Bitcoin (BTC), a cryptocurrency that is currently completing its ten-year lifespan, has reached a milestone. “perfectly fractal” Reversal pattern that an analyst who is well known hopes will end the bear-market.
Important points
- Bitcoin has reached the last leg in what may become a major phenomenon “W”Reversal pattern with a “-shaped” shape.
- John Bollinger argues that the success of this project could be due to its success. “break” The downward trend has been in effect since October 2025.
- As the newly reclaimed $60k holds slowly return, institutional interest is returning.
John Bollinger hints BTC price “W” Reversal can break a bear
John Bollinger’s Bollinger Bands Volatility Indicator was the focus of a Friday post by John Bollinger. “W”Double-bottomed BTC/USD in the shape of a double-bottom.
“$BTC has seen a series of bullish patterns broken, evidence of the power of the downtrend,” He commented.
“Will this ‘W’ be the one that breaks the trend?”
“W”A -shaped reverse involves two swing lows, between which is a rebound that has been rejected. The final price break out of this rejection level will form a brand new upward trend.
Bollinger uploaded This chart shows the alignment of the Bollinger Bands on daily timeframes.
“Note that it is perfectly fractal. The are small ‘w’s at the nadirs and a small ‘m’ at the apex,” He added, pointing out a “W” On the Weekly Chart
Bollinger Bands on the BTC/USD chart. Source: John Bollinger/X
Bollinger’s bullishness on BTC has been evident for some time. He was bullish on BTC in early May. revealed a new long position Bitcoin is his investment vehicle.
The following are some of the ways to get in touch with us. Cointelegraph reportedPrice indicators have been flashing warnings since 2022, the last time a bear market occurred. The market is still largely convinced that the macro bottom will come. due in Q3 or later.
Bitcoin ETF growth comes amid massive supply “absorption”
Axel Adler Jr. is a contributing analyst to CryptoQuant’s onchain analysis platform. In his comments, Axel stressed the importance of renewed institutional investor interest.
Related: Bitcoin price tags $62.3K nine-day high after global stocks hit historic record
The US Bitcoin ETFs (Exchange-traded Funds) experienced a significant drop on Friday. first net inflows in ten days.
“Bitcoin is in the late stage of the bear cycle, but the ETF segment has for the first time signaled that the pressure is easing,” He summarized On X.
US Bitcoin ETF Netflows Source: Axel Adler Jr./X
Daan Crypto Trades, a trader in Daan Crypto Trades, acknowledged that although the $220 millions of inflows was “not massive,” They could impact the future price of BTC.
“Also good to note how price has been holding this ~$60K region regardless of the many outflows. That will become meaningful if price does bounce further into next week as it means a lot of absorption has taken place,” He told X-Followers
“This article is not financial advice.”
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Source: cointelegraph.com
