news 
Title: Legendary Trader Bollinger Issues Bitcoin Bottom Alert
As of today’s date, the cryptocurrency market has been experiencing a significant correction, with Bitcoin dropping over 26% from its all-time high. The market volatility has led to an unprecedented level of uncertainty among investors, and it’s clear that many are left wondering whether this recent drop marks a temporary correction or the beginning of a more extensive downturn.
One prominent figure in the crypto space who has been making waves is legendary trader John Bollinger. As someone known for his insightful predictions and analysis throughout the years, Bollinger recently issued an urgent alert about Bitcoin’s current bottoming process.
Bitcoin is currently trading at $79,508 after reaching a low of $78,669 intraday. It is worth noting that the cryptocurrency has now lost nearly 26.9% from its record high of approximately $109,000 set in January.
Bollinger, who started his career as early as the 1970s and gained recognition for accurately predicting numerous Bitcoin movements in the past, now warns that investors should be cautious about any notion that this might be a Bitcoin bottom yet.
The trader suggests that there is no indication of mean revision at $10,000 within his data.
Source: https://u.today/legendary-trader-bollinger-issues-bitcoin-bottom-alert
