Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Calamos unveils ‘Protected Bitcoin’ strategy for institutional investors

July 7, 2025

Polymarket under fire as whale votes distort Zelenskyy suit outcome: what’s going on?

July 7, 2025

Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

July 7, 2025

The Blockchain Group Bolsters Bitcoin Reserves With $12.5M BTC Acquisition

July 7, 2025

61,000 ETH in Eight Weeks: What Happened on Market?

July 7, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

    July 7, 2025

    Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

    July 7, 2025

    Traders Bet Against Bitcoin Rally as Funding Rates Slide on Binance

    July 7, 2025

    XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

    July 7, 2025

    Ethereum Eyes 16.7M Gas Cap Under Vitalik Buterin’s New Proposal

    July 7, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Bitcoin » Bitcoin Setting Up for Breakout
Bitcoin

Bitcoin Setting Up for Breakout

Crypto Observer StaffBy Crypto Observer StaffJuly 7, 2025No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Legendary technical analyst John Bollinger has opined that Bitcoin is setting up for “an upside breakout.”

Bitcoin looks to be setting up for an upside breakout. $BTCUSD More as the week gets going.

— John Bollinger (@bbands) July 6, 2025

The 75-year-old trader, who is known for developing the “Bollinger Bands” technical indicator, is particularly known for his extremely successful predictions, which is why he is considered to be such an authoritative voice within the community.

In April, for instance, he managed to nail the exact bottom. On Apr. 7, the leading cryptocurrency collapsed to $74,434. On Apr. 10, Bollinger said that the cryptocurrency was forming a classic Bollinger Band W bottom, which is a bullish reversal pattern.

The leading cryptocurrency ended up rallying by 30% within less than a month since Bollinger’s post, paring all of the losses that it suffered during the tariff-induced mayhem.

The same scenario played out in late February. On Feb. 28, the cryptocurrency slipped to a local low of $78,197 on the Bitstamp exchange. While the market was in panic mode, Bollinger spotted a long opportunity. Bitcoin ended up surging by 21% in just three days.

Even though there is no guarantee that Bollinger ends up being correct this time around, his posts are something worth paying attention to.

In the meantime, the leading cryptocurrency has now scored its highest close ever ($109,233), with bulls seemingly remaining firmly in control.

At press time, Bitcoin is less than 3% away from setting a new record high.

Read the full article here

Bitcoin News
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The Blockchain Group Bolsters Bitcoin Reserves With $12.5M BTC Acquisition

July 7, 2025

Strategy to raise $4.2b via STRD stock sale to fund new Bitcoin purchases

July 7, 2025

Bitcoin (BTC) Price Prediction for July 8

July 7, 2025

Here’s When Bitcoin Bull Market Could Come Into Question, According to Analyst Benjamin Cowen

July 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Calamos unveils ‘Protected Bitcoin’ strategy for institutional investors

July 7, 2025

Polymarket under fire as whale votes distort Zelenskyy suit outcome: what’s going on?

July 7, 2025

Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

July 7, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

July 7, 2025

Traders Bet Against Bitcoin Rally as Funding Rates Slide on Binance

July 7, 2025

XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

July 7, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.