Legendary Trader Bollinger Breaks Silence Following Bitcoin's Breakout
2025-07-10 20:46:09
Main Idea
Legendary trader John Bollinger comments on Bitcoin's breakout as a whale increases a massive long position, while Bitcoin's price surge wipes out significant short positions.
Key Points
1. John Bollinger noted Bitcoin was 'setting up for a breakout' as it approached a key resistance level.
2. A whale increased its long position to 3,000 BTC with 20x leverage, currently holding a $13 million floating profit.
3. Bitcoin's price surge above $113,000 resulted in $575,220,000 worth of short positions being liquidated.
Description
The legendary trader who predicted Bitcoin's latest breakout has already commented on the cryptocurrency's price action
$BTC
$116842.7
+5.17%
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