Bitcoin Macro Bottom May Have Formed As Three Key Long-Term Indicators Align

Analyst Alicharts cites TD Sequential buy signal, 50-period SMA support, and CMO at -71 to suggest Bitcoin's cyclical bottom may be established.

Woofun AI notes that crypto analyst Alicharts argues the macro bottom for Bitcoin may have already formed, citing three technical indicators. A rare TD Sequential buy signal on the monthly chart, which previously marked the 2022 low, now appears alongside price action hovering near the 50-period simple moving average, a multi-year support level since 2014.

Additionally, the Chande Momentum Oscillator has declined to -71, matching readings from June when Bitcoin approached $57,000, a level historically associated with significant market bottoms.