Bitcoin‘s ‘most accurate’ bullish signal hints at BTC price reversal

Traders spotted multiple signals that suggest Bitcoin could be gearing up for another bull run, but onchain data still highlights weakness in the market.

Bitcoin (BTC) traders highlighted multiple signals, predicting a “massive” price upswing. Still, onchain data shows that BTC price recovery could be delayed as market participants take a more defensive stance.

Key takeaways:

Bitcoin surged 600% in 2021 after a similar key bullish cross was confirmed. 

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