Bollinger bands creator says Bitcoin forming 'classic' floor near $80K

Bitcoin (BTC) is exhibiting familiar “bottom” behavior at current prices, according to one of its best-known leading indicators.  In an X post on April 10, John Bollinger, creator of the Bollinger bands volatility metric, revealed good news in progress for Bitcoin bulls. Bollinger bands %b metric teases BTC price comebackBitcoin may already be establishing a long-term bottom, the latest Bollinger bands data suggests. Analyzing weekly timeframes, Bollinger himself drew attention to one of his proprietary indicators, known as “%b,” which offers further clues about market trend reversals source: https://cointelegraph.com/news/bollinger-band-creator-bitcoin-forming-classic-floor-below-80k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound