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Bitcoin bull market confirmed as Bollinger Bands creator fully invests, predicting more gains above $80K.

Analyst Insights
07 May 2026
Bitcoin
Bullish
pluang ai news

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.

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