
John Bollinger, creator of the Bollinger Bands indicator, has officially called a new bull market for Bitcoin, stating his trend model turned positive and his fund is now fully invested. This bullish signal comes after Bitcoin rallied from under $70K to above $80K despite geopolitical tensions. Bollinger's endorsement, supported by other analysts like Tom Lee, suggests the crypto market may continue to rise in the near term, marking a potential breakout phase for Bitcoin.