Bitcoin bear market ‘dead’ after first TD9 reversal signal since July 2022 fires

Read original at CoinTelegraph·

Bitcoin bear market ‘dead’ after first TD9 reversal signal since July 2022 fires

60-second summary

Bitcoin's bear market 'dead' after the first TD9 reversal signal since July 2022 fires, signaling a potential end to the downtrend. The indicator mirrors the final stages of the 2022 price decline, suggesting a possible bottom. This reversal signal has historically preceded significant price increases, implying a potential shift towards a bullish market trend.

Bitcoin bear-market bottom signs appear as the TD9 indicator mirrors the final stages of the 2022 BTC price downtrend.