Bollinger Bands Creator Spots ‘W’-Shaped Bitcoin Pattern That Could Break the Downtrend
Bitcoin is completing what Bollinger Bands creator John Bollinger calls a ‘perfectly fractal’ reversal pattern, raising fresh hope that the prolonged downtrend dating back to October 2025 may
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AnonymousCryptoCompass newsroom
July 5, 2026
1 min read
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Bitcoin is completing what Bollinger Bands creator John Bollinger calls a ‘perfectly fractal’ reversal pattern, raising fresh hope that the prolonged downtrend dating back to October 2025 may finally be nearing its end.
In X posts published Friday, Bollinger identified a ‘W’-shaped double bottom forming on the BTC/USD daily chart, noting how cleanly the setup aligns with the lower band of his own Bollinger Bands volatility indicator.
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