According to PANews, recent analysis indicates that Bitcoin may be exhibiting classic bottoming characteristics. On April 10, John Bollinger, the creator of the Bollinger Bands volatility indicator, shared insights on social media platform X, suggesting that Bitcoin bulls are signaling positive momentum. The Bollinger %b indicator hints at a potential price rebound, with the latest data suggesting Bitcoin might be forming a long-term bottom. Bollinger emphasized that his unique %b indicator is signaling a trend reversal through weekly analysis
source: https://www.binance.com/en/square/post/22771319747642?utm_source=BinanceNewsRSS