Bitcoin News

Story: John Bollinger Spots Bitcoin “W” Pattern That Could End the Bear Market

By Julie Binoche

1 / 15

What Bollinger Actually Said. Bollinger's read is pretty specific. He's not just eyeing a price bounce — he's tracking whether…

2 / 15

Why the "W" Pattern Matters Here. Bear markets don't end with a single green candle. They end with a process — a slow, grinding…

3 / 15

What Needs to Happen Next. Completion is everything here. Bollinger's whole point is that the pattern isn't done yet.

4 / 15

Bitcoin might be turning. John Bollinger — the man who literally invented Bollinger Bands — said publicly that Bitcoin's recent rebound could be the start of something real, not…

5 / 15

That's a big if. But it's coming from someone who built the technical toolkit half the trading world relies on.

6 / 15

Bollinger's read is pretty specific. He's not just eyeing a price bounce — he's tracking whether the shape of Bitcoin's recovery matches the classic "W" reversal structure.

7 / 15

He's saying Bitcoin could be at the second leg of that structure right now. The rebound, in his view, might be the right side of the "W" forming.

8 / 15

And that uncertainty matters. A lot of traders have called Bitcoin bottoms before and gotten wrecked.

9 / 15

Bollinger Bands, for anyone who's been away from charts for a while, are volatility envelopes plotted above and below a moving average.

10 / 15

Bear markets don't end with a single green candle. They end with a process — a slow, grinding bottoming structure that builds enough base to support a real rally.

11 / 15

Bitcoin's been in a rough stretch. The kind of stretch that shakes out weak hands, kills overleveraged positions, and generally makes crypto look dead to outside observers.

12 / 15

See also: Bitcoin Supply Flashes First Buy Signal Since November 2022 as Bear Market Drags On

13 / 15

So his timing isn't random. He's not calling this out of nowhere. The price behavior inside the bands gave him a signal worth flagging publicly.

14 / 15

Traders are paying attention. The "W" pattern is one of those setups that, once someone credible names it, suddenly every chart-watcher is drawing the same lines.

15 / 15

Completion is everything here. Bollinger's whole point is that the pattern isn't done yet. The reversal is potential, not confirmed.

The Currency Analytics

Want the full story?