#BTCRebound John Bollinger, creator of Bollinger Bands, noted Bitcoin is forming a bullish bottom near $80K, supporting further upside potential.

Meanwhile, technical analysis shows BTC forming a falling 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 midsummer.

Macro Volatility Fuels BTC Optimism

With bond yields spiking, inflation data pending, and trade policies in flux, Bitcoin is increasingly viewed as a hedge against macro uncertainty. Whether the $84K level becomes the next launchpad or a resistance zone depends on upcoming data and policy responses, according to Cointelegraph.