John Bollinger’s Model for Bitcoin (BTC) Turns Positive: Price Explosion Incoming?

The primary cryptocurrency has posted a 6% price increase over the past week, and now many analysts believe a further ascent could be on the way. However, a number of warning signs suggest a short-term correction remains just as plausible. Climbing Towards New Peaks? Bitcoin has been gradually rising over the last several days, briefly touching $83,000 on May 6 before reversing to the current $81,000 (according to Co…