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John Bollinger Says Bitcoin Trend Model Turns Positive, Bear Market Subsiding

John Bollinger Says Bitcoin Trend Model Turns Positive, Bear Market Subsiding

John Bollinger, the creator of the Bollinger Bands indicator and founder of Bollinger Capital Management, said this week that his trend model has turned positive for Bitcoin. The signal, he stated, marks the start of a new bull market and suggests the bear market that has weighed on the crypto industry is finally subsiding.

The model's bullish signal

Bollinger's proprietary trend model — a tool separate from the widely used Bollinger Bands — flipped to