Analyst John Bollinger, known for developing the technical analysis tool called “Bollinger Bands”, which is widely used in the stock market world, stated that an increase in Bitcoin is imminent. Bollinger, who stated that a W formation has formed on the weekly Bitcoin chart, stated that this is a sign of an uptrend. Bollinger commented, “There is a nice W formation on the weekly BTC/USD chart. I drew a regression channel to highlight the flag that is forming. This is a bullish formation, but I am waiting for confirmation.” $BTC $ETH $SOL