Galaxy's Alex Thorn pointed out that $BTC , in the past 45 weeks, saw its first closing above the 50-week moving average.
Looking back at historical data, when this signal appears, it basically confirms the bottom of a bear market.
The most torturous phase is likely over; the next big direction can simply look long by following the right-side trend.
Looking back at historical data, when this signal appears, it basically confirms the bottom of a bear market.
The most torturous phase is likely over; the next big direction can simply look long by following the right-side trend.