Bollinger Bands Creator Says Bitcoin's Bear Market May Be Over — Here's the Pattern He's Watching

WHY IT MATTERS

Think of a 'W'-shaped reversal like a ball bouncing off the floor twice — each bounce shows the floor is solid and the ball isn't going to fall through. In trading, this pattern suggests that sellers have tried to push the price lower twice and failed, meaning buyers are likely taking control. John Bollinger is a legendary figure in the trading world — he invented a tool (Bollinger Bands) that almost every professional trader uses to measure whether prices are unusually high or low. When someone of his stature says Bitcoin's bear market might be ending, it's like a renowned weather forecaster saying the storm is passing. It doesn't guarantee sunshine, but it's a credible signal worth paying attention to.