John Bollinger Breaks Silence with Bitcoin Warning
For the first time in nearly two months, legendary trader and Bollinger Bands creator John Bollinger has weighed in on the Bitcoin (BTC) market—offering a subtle yet significant signal that’s caught the attention of seasoned analysts.
In a rare update, Bollinger pointed to the emergence of a classic “Three Pushes to a High” formation on the BTC/USD chart. This technical pattern—characterized by three successive price surges followed by a loss of momentum—often appears at the tail end of sustained bullish trends. While not a definitive top signal, it historically serves as a caution flag during overheated market phases.
Bollinger’s last public commentary came on April 10, when he noted a developing W-bottom setup with BTC trading around $76,000. That bullish formation ultimately delivered, propelling BTC to a record high just under $112,000 in late May.
Now, with prices retreating and consolidating below the $106,000 mark, Bollinger’s renewed commentary is drawing fresh scrutiny. The veteran analyst made no direct predictions, but his observation comes amid a parabolic rally that appears to be losing steam.
When asked whether Bitcoin might revisit the lower Bollinger Band—a level often seen as technical support during corrections—Bollinger responded in his signature measured tone: “No prediction, just watching for the next trade setup.”
As crypto markets grow louder and more reactive, Bollinger’s minimalist yet methodical approach remains a beacon for traders seeking clarity amid the chaos. His latest chart insight doesn’t scream alarm—but it does whisper caution.
