Bitcoin is signalling the end of its local uptrend after rejection at $110,000, one of the best-known trading names says. In X posts on Friday, John Bollinger, famous for creating the Bollinger Bands volatility metric, called time on Bitcoin’s comeback from April lows. Bitcoin has displayed classic uptrend behavior since reversing from multimonth lows near $75,000 in early April, Bollinger argued. Reviewing BTC price action over the past two months, the analyst delineated the rebound into three sections. After a “W-shaped” double bottom on the Bollinger Bands, BTC/USD delivered three “pushes” higher, each with a ... (full story)