Just caught something interesting on the charts - Bitcoin broke above its upper Bollinger Band again, which hasn't happened much since mid-January. What's got everyone's attention though is that John Bollinger himself, the guy who literally created the indicator back in the 1980s, just flipped bullish on BTC. Apparently one of his proprietary trading models signaled positive and he took a position. That's the kind of validation that gets traders talking. BTC is sitting around $81,260 right now, up about 11% over the past month. Still pretty far from the October 2025 peak near $126K, but the technical setup is interesting. The real question traders are asking is whether Bitcoin can hold above that upper band. If it does, that's a solid bullish signal after we just saw the tightest Bollinger Band squeeze ever. If it gets rejected, we're back in chop zone. The institutional interest combined with the technical picture is worth watching heading into the week.

BTC0.56%
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