Rare Bitcoin Signal Returns: Buy or Sell at $64,656?
A rare setup in the Bitcoin market has returned, sparking hopes of another major rally. The SuperTrend indicator, which turned bullish for BTC last week, is now flashing a buy signal near $64,656.
This development comes after Ali Charts reported that Net Capital Flows have formed a higher low below the neutral line, creating a bullish divergence against price.
The same setup was seen before Bitcoin's previous cycle bottom at around $15,000. However, another long-term signal still leaves room for a possible drop toward $40,000.