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DOGE/USD $0.18 +5.4%
BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
Bitcoin

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

AnonymousCryptoCompass newsroom
July 5, 2026
1 min read
NEWS
Bollinger Bands Creator Spots ‘W’-Shaped Bitcoin Pattern That Could Break the Downtrend
CryptoCompass editorial visual for bitcoin coverage.

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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