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#Bitcoin Another major bottom signal?
The 2-Month Stochastic RSI is crossing bullish.
The last three times this happened near the lows, the cycle bottom was already in, followed by a major bullish expansion.
The current 2M candle closes in a few days.
🚨 BREAKING: Bitcoin’s Supertrend just flipped BULLISH for the first time since 2023.
Every major Supertrend flip in Bitcoin’s history has marked the transition into a new bull phase.
This weekly close will be extremely important.
𝐑𝐀𝐑𝐄 𝐒𝐈𝐆𝐍𝐀𝐋 𝐅𝐋𝐀𝐒𝐇𝐄𝐃 𝐅𝐎𝐑 𝐁𝐓𝐂❗️
The 𝗖𝗵𝗮𝗻𝗱𝗲 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺 𝗢𝘀𝗰𝗶𝗹𝗹𝗮𝘁𝗼𝗿 (𝗖𝗠𝗢) measures the strength of recent price moves by comparing gains versus losses. It helps identify overbought and oversold market phases.
𝗔𝗹𝗹 𝟯 𝗽𝗿𝗲𝘃𝗶𝗼𝘂𝘀 𝗰𝘆𝗰𝗹𝗲 𝗯𝗼𝘁𝘁𝗼𝗺𝘀 𝗳𝗼𝗿𝗺𝗲𝗱 𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗽𝘂𝗿𝗽𝗹𝗲 𝘇𝗼𝗻𝗲. Each time it reached this area, the bottom was either already in or followed within ~2 months.
Many traders expect $BTC to revisit the 30‘s. That always seemed unlikely to me, and I still stand by that.
If you’re still around after this long bear market, you’re an absolute legend. Many gave up and will come back chasing higher prices..
The next 2–3 months will be crucial 🔥
What assets I’m buying 👇🏻 @WealthGroup
https://t.co/PtboxLzLb0
long-term $BTC holders are as underwater now (-1sd) as they were at $3k.
fourth time since 2018.
$3k. $4k. $16k. $62k.
the price: 20x higher.
same pain.
the bottom signal i've been waiting for just fired.
it's caught every cycle low since 2016.
and it will still feel terrible for weeks. if buying here were comfortable, the signal wouldn't exist.
mark the zone. let time do the rest.
That chart is not a very good way to portray the data. Too jumbled. Here is a better way. This way allows us to better see what past big differences have meant, by showing the spread and including the price comparison. And the white background means you can see the data.
Bitcoin costs about $62K to mine right now. Bitcoin trades at $62K right now.
Every time those two numbers touched, it was the bottom: 2015, 2019, 2020 and 2022.
Here we are again.
⚠️Dogecoin is in a price bottoming phase!
This metric has been one of the most accurate throughout Dogecoin’s history. Every time DOGE approached it or spent just a few days below it, major price bottoms followed.
The latest signal will be triggered whenever Dogecoin drops below $0.08.
The smartest investors will accumulate a lot of DOGE below $0.08.
And I’m warning you ahead of time.
So accumulate during the capitulation phase and hold this crazy memecoin for a long time!
$BTC (1W) - Flashing green 👀
The weekly Squeeze Momentum indicator is flashing green again.
Previous green flips marked the start of strong upside expansions.
After staying red since november, the indicator is now close to confirming bullish again.
Waiting on the weekly close for confirmation.
Bitcoins weekly RSI has only been below 30 and back above 50, four times, ever.
And it just did it again.
Each time this has occurred, the bottom was in.
🟩 = Weekly RSI below 30
🟦 = Weekly RSI crossing above 50
Long-Term Holder Supply in Loss is close to reaching the same level seen at Bitcoin’s 2018 price bottom.
However, a significant further price drop and more loss realization by these investors are still needed to reach the same loss level seen in 2022.
If Long-Term Holder conviction weakens in 2026, an early price bottom is likely to occur. But if they remain confident and do not move their BTC, the price will probably need to fall further for supply to become deeply underwater.
@Alphractal
Everyone abandoned the M2 chart because they never truly understood what it was showing in the first place.
$BTC has consistently topped before M2 peaks.
However, once M2 does top out, it has historically led to extended downside for BTC. That pattern has repeated since 2012.
The sequence has generally been:
BTC tops > M2 keeps rising > BTC ranges until M2 peaks > M2 peaks = prolonged BTC downside.
This cycle has played out again and again.
M2 still hasn’t topped yet, and when it finally does, do you really think it’s suddenly going to decouple from the way markets have always moved?
No.