📈 John Bollinger Predicts Potential Bitcoin Breakout

🔍 John Bollinger, the creator of Bollinger Bands, has suggested that bitcoin might be on the verge of a significant price increase. In a recent post on social media, he remarked,

Bitcoin looks to be setting up for an upside breakout. BTCUSD More as the week gets going.

📊 Developed in the early 1980s, Bollinger Bands are a technical analysis tool that includes a moving average and two standard deviation lines. Traders utilize this tool to evaluate price volatility and market trends, gaining insights into potential high and low price levels in relation to the market.