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Bollinger's Model Says 'Buy' Bitcoin
TL;DR
John Bollinger has turned bullish on Bitcoin after it reclaimed $80,000, signaling a positive trend. His fund's Tactica program is now fully invested in BTC.
Key points
- John Bollinger is bullish on Bitcoin
- Bitcoin reclaimed the $80,000 mark
- Bollinger's Tactica program is fully invested in BTC
- Bollinger Bands indicator creator shared his model's positive trend
- Bollinger has a strong track record of accurate predictions
Mentioned in this story
John Bollinger
Legendary technical analyst John Bollinger has turned bullish on Bitcoin (BTC) after the flagship coin reclaimed the $80,000.
The creator of the famed Bollinger Bands indicator took to X (formerly Twitter) to share that his trend model for the flagship cryptocurrency has turned positive.
Acting on this signal, Bollinger confirmed that his fund's "Tactica" program has initiated a new position and is now "fully invested" in BTC.
Yesterday our trend model for Bitcoin turned positive and we took a position in our Tactica program, which is now fully invested. $BTC
— John Bollinger (@bbands) May 6, 2026
The vote of confidence is quite significant given the strong track record of accurate predictions that had been made by Bollinger. The recent price action might not be a mere dead-cat bounce after all.
The road to $88,000
Bitcoin has pulled off a truly relentless ascent since the beginning of May. The asset carved out a sequence of higher highs and higher lows, characterized by strong impulsive green candles. Earlier today, it peaked around $82,400, reaching a multi-month high.
According to Santiment, Bitcoin’s climb back toward $82,800 still leaves the asset with a year-to-date (YTD) return of -6%.
The firm notes that Bitcoin needs to reach $88,000 just to break even for 2026. This level will likely be a major psychological stepping stone.
📊 Bitcoin’s climb back to $82.8K has left crypto’s top asset with a YTD return of -6%. During the early February crash, $BTC was down as much as -27%. Expect $88K, which would put the asset back to even on the year, to be a major stepping stone to attract several traders and…
Q&A
Why has John Bollinger turned bullish on Bitcoin?
John Bollinger turned bullish on Bitcoin because his trend model indicated a positive signal after Bitcoin reclaimed the $80,000 mark.
What is the Tactica program and how is it related to Bitcoin?
The Tactica program is a fund managed by John Bollinger that has now fully invested in Bitcoin following a positive trend signal.
What does Bollinger's positive trend model mean for Bitcoin's future?
Bollinger's positive trend model suggests that Bitcoin may continue to rise, indicating that the recent price action could signify a sustained upward movement rather than a temporary bounce.
