🚨 BITCOIN JUST FLASHED A POTENTIALLY BULLISH MONTHLY SIGNAL.
$BTC surged 6.35% and closed the month at a 9-month high.
Even bigger:
Bitcoin finished Q3 up 43% its strongest Q3 performance since 2017.
Now the monthly chart is getting interesting.
Stoch RSI is showing positive momentum, a setup that has historically appeared near the beginning of major bullish phases.
Bitcoin also bounced from the Monthly 50 MA.
That level has historically acted as an important long-term trend area.
Now watch the key supports:
📍 Weekly 50 MA: $77,670 📍 Weekly 200 MA: $65,000
As long as BTC holds the major structure, bulls have a strong technical setup to watch.
The next move could define the next phase of the cycle.
#Bitcoin #BTC #Crypto #Trading #Altcoins
$BTC surged 6.35% and closed the month at a 9-month high.
Even bigger:
Bitcoin finished Q3 up 43% its strongest Q3 performance since 2017.
Now the monthly chart is getting interesting.
Stoch RSI is showing positive momentum, a setup that has historically appeared near the beginning of major bullish phases.
Bitcoin also bounced from the Monthly 50 MA.
That level has historically acted as an important long-term trend area.
Now watch the key supports:
📍 Weekly 50 MA: $77,670 📍 Weekly 200 MA: $65,000
As long as BTC holds the major structure, bulls have a strong technical setup to watch.
The next move could define the next phase of the cycle.
#Bitcoin #BTC #Crypto #Trading #Altcoins
