THIS INDICATOR WITH AN 80% STRIKE RATE JUST FLASHED A BULLISH SIGN FOR BITCOIN

THIS INDICATOR WITH AN 80% STRIKE RATE JUST FLASHED A BULLISH SIGN FOR BITCOIN

Gate Trade News Monday, October 19, 2020 47 1

Bitcoin and the aggregated crypto market have been struggling to gain any significant momentum

 

BTC has pushed off of its recent lows, however, it remains in a somewhat precarious position as its price continues trading sideways

 

Where it trends next will likely depend largely on the stock market, which has had intense influence over its price action

 

Still, its independent strength remains, as most on-chain indicators are flashing bullish signs

 

One analyst is now noting that the crypto was just able to post an incredibly bullish technical crossover