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U.Today - For the first time in almost two months, John Bollinger has shared his thoughts on Bitcoin (BTC). The experienced trader and creator of the Bollinger Bands pointed out a clear "Three Pushes to a High" pattern in BTC/USD — a formation that often appears near the end of extended rally phases.
Bitcoin has come a long way since Bollinger’s last market note on April 10. At the time, he mentioned a developing W-bottom setup while BTC was trading around $76,000. That signal went on to deliver, with Bitcoin hitting a new all-time high just shy of $112,000 in late May. card
Now, with the price dropping and staying under $106,000, his first update since that surge is grabbing attention.
The pattern he has spotted — three strong pushes upward, followed by a pause — is popping up right when momentum seems to be slowing down. It does not confirm a top on its own, but when you look at it in the context of a parabolic move, it often suggests a shift is coming soon. Whether that means a deeper pullback or just a pause is up in the air.
When asked about Bitcoin’s potential move toward the lower Bollinger Band — a level often seen as a support during market corrections — Bollinger simply replied, "No prediction, just watching for the next trade setup."
There is nothing dramatic or urgent about it. It is just a familiar pattern at an interesting spot in the trend, coming from someone who rarely speaks unless he has something specific to point to. With so much noise on the market, that kind of signal certainly stands out.