BBX Logo Beta

Analyst Gaah: Bitcoin cycle momentum indicator hits historical cyclical bottom deep zone

--

Analyst Gaah cited CryptoQuant data and pointed out that the Bitcoin cycle momentum indicator has touched the -30 point range, which historically constitutes the main support level for BTC, but the indicator has not yet risen above the neutral zone (0). A trend reversal requires the price to form a bullish form and the indicator to break through the neutral zone.

Loading...