John Bollinger Signals Full Investment in Bitcoin Bullish Turn... "Will $100,000 Be Seen Again?"

▲ Bitcoin (BTC)

Bitcoin (BTC) is fueling expectations of re-breaking the $100,000 mark. John Bollinger, creator of Bollinger Bands, stated that his trading model has turned bullish on Bitcoin, drawing market attention back to the possibility of a major rally.

Bitcoinist reported on the 9th that Bollinger announced via X (formerly Twitter) that Tactica, his systematic trading and investment strategy program, is now fully invested in Bitcoin according to recent signals. This statement came after Bitcoin broke through a Bollinger Band structure that major analysts had been watching for months.

Bitcoin broke above key Bollinger Band settings on May 7th. In recent price action, Bitcoin rose above the upper Bollinger Band after a long period of narrow price movement, recording two consecutive daily closes above the upper Bollinger Band for the first time since January. The original article explained that this structure was also observed before the bull markets of 2017 and 2021.

Bollinger's remarks also sparked debate over market entry timing. One community member claimed that his model had already turned bullish on April 7th and that waiting for confirmation could lead to missing the move. In response, Bollinger stated that traders who wait for confirmation often become wealthier, emphasizing the importance of risk management and confirmation procedures over early entry.

Bollinger Bands are a widely used indicator to track trend strength and volatility. If Bitcoin moves near the upper band for several trading days, it can be interpreted as a strong signal of momentum expansion rather than simple overheating. The original article reported that with Bitcoin having strongly surpassed a major resistance level around $80,000, expectations for $100,000 are growing again.

Separate analyses also continued to project $100,000. Crypto analyst Crypto Michael presented a chart indicating a multi-year uptrend line in the $85,000 range. He predicted that if Bitcoin breaks this line, there will be no further corrections, and a strong vertical accumulation towards $100,000 could occur.

Crypto analyst Ted Pillows revealed that large traders are betting on three Bitcoin targets by Q3 2026. The most optimistic target is a re-break of $100,000, with $287 million in bullish bets accumulated in that range. The second is a drop to $60,000, with $266 million in bearish bets. The third is a deeper drop to $50,000, with $252 million in downside bets on this outcome.

As of the time of writing, Bitcoin was trading at $80,416. Bollinger's bullish turn signal and the break of the upper band are highlighting the $100,000 outlook again, but the market also retains downside bets targeting $60,000 and $50,000.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*