Bitcoin adds to bull-market hopes as price metric prints fourth-ever bullish cross

Read original at CoinTelegraph·

Bitcoin adds to bull-market hopes as price metric prints fourth-ever bullish cross

60-second summary

Bitcoin’s price triggers the Fisher Transform’s fourth‑ever bullish crossover, a rare signal that historically precedes strong uptrends. Analysts note the indicator has only flipped three times before, each coinciding with subsequent multi‑month rallies. This technical development fuels optimism that Bitcoin may re‑enter a sustained bull market, potentially lifting prices toward previous highs.

The Fisher Transform indicator produced a rare crossover for only the fourth time in Bitcoin’s history.