#BTCRebound

John Bollinger, the founder of Bollinger Bands, noted that Bitcoin is forming a bullish bottom near $80K, with potential for further growth.

Meanwhile, technical analysis shows that BTC is forming a descending wedge pattern—a bullish reversal setup.

According to Cointelegraph and Glassnode, a breakout above $84K could lead to $96K, with long-term targets as high as $130,000–$140,000 by mid-summer.

Macroeconomic volatility fuels BTC optimism

With soaring bond yields, pending inflation data, and volatile trade policies, Bitcoin is increasingly seen as a hedge against macroeconomic uncertainty.

Whether the $84K level becomes the next launchpad or a resistance zone depends on upcoming data and policy responses, according to Cointelegraph.