John Bollinger, the creator of Bollinger Bands, revealed this week that his systematic trading model has turned bullish on Bitcoin. The signal came after Bitcoin posted its second consecutive daily close above the upper band on May 7 — the first time that's happened since January. Bollinger's Tactica program is now fully invested in the cryptocurrency.
Why the signal matters
Similar Bollinger Bands setups preceded Bitcoin's major bull runs in 2017 and 2021. The latest breakout puts Bitcoin above key resistance around $80,000, and the pattern has traders watching closely. Bollinger himself said traders who wait for confirmation often end up richer, stressing risk control over trying to catch the exact bottom.
The road to $100,000
Analyst Crypto Michael projects that once Bitcoin breaks a multi-year ascending trendline near $85,000, it will undergo a vertical accumulation back to $100,000. Analyst Ted Pillows reports that large traders have three targets by Q3 2026: $100,000 with $287 million in bullish bets, $60,000 with $266 million in bearish bets, and $50,000 with $252 million in bearish bets. Speculation is growing about a potential move toward $100,000.
Risk control over early entries
Bollinger's emphasis on waiting for confirmation is a deliberate part of his strategy. He warned that rushing into positions without a clear signal can lead to unnecessary losses. For now, his model says the time is right — at least until the next band break.
What happens next depends on whether Bitcoin can hold above $80,000 and push through $85,000. If it does, the $100,000 territory is the next big question mark — one that both bulls and bears have put real money on.
