Ali Charts (Private. Account) ✪

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[Ali Charts @alicharts]

BITCOIN GOD CANDLE = NEW BULL MARKET

One feature has marked the end of Bitcoin bear markets in the past two cycles: an explosive weekly reversal that catches nearly everyone off guard.

It often begins as a short squeeze. As price rises, bearish traders add new short positions, and those positions are liquidated as the rally accelerates.

In 2019, Bitcoin printed a +31.98% weekly candle, helping mark the end of the bear market and the beginning of a new bullish phase.

The same happened in January 2023. Following the FTX collapse, with sentiment deeply pessimistic, Bitcoin surged +24.90% in a single week and invalidated much of the bearish narrative.

Something similar may be happening now.

While many participants expected a market bottom in October based on the four-year-cycle theory, Bitcoin moved from $62,700 to $79,500 in one week, a +26.81% gain.

If history repeats, this type of powerful weekly reversal could be an early sign that $BTC has entered a new bullish cycle.

[Ali Charts (Private. Account) ✪ @alichart_]

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