{"id":409050,"date":"2019-12-28T15:00:43","date_gmt":"2019-12-28T15:00:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=409050"},"modified":"2024-06-11T13:35:54","modified_gmt":"2024-06-11T13:35:54","slug":"bitcoin-signal-last-seen-february-2019-3700-14000-appears","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-signal-last-seen-february-2019-3700-14000-appears\/","title":{"rendered":"Bitcoin Signal Last Seen Prior to Price Rally From $3,700 to $14,000 Appears Again"},"content":{"rendered":"

It appears that Bitcoin’s medium-term outlook is rapidly starting to favor bulls, with reports upon reports coming in indicating that the technicals and fundamentals imply that a return to a bullish phase is on the horizon for BTC.<\/p>\n

Related Reading:\u00a0What\u2019s Next for the Bitcoin Blockchain? Top Developer Weighs In<\/a><\/h6>\n

Bitcoin Technical Indicators Continue to Flip Green<\/strong><\/h2>\n

According to a recent tweet<\/a> from full-time cryptocurrency trader Crypt0mer, Bitcoin’s one week chart recently printed an extremely bullish signal: the one-week Klinger Oscillator, which tracks volume and price to determine trends, has printed a buy for the first time since February 2019, when BTC was trading around $3,700. He remarked that this is a sign that the bear correction is over.<\/p>\n

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Klinger signaling a buy on the weekly, last time it did that was around Feb '19 around 3.7keks; the bera correction might be over -or- it can be a false signal which happened before, need to keep an eye on it. \ud83d\udc40 $BTC<\/a> pic.twitter.com\/SH1vwt9QE2<\/a><\/p>\n

— C\u01a6YP\u20ae\u0398\u0271\u039e\u01a6 \ud83e\uddac\ud83d\udd25 (@Crypt0mer) December 28, 2019<\/a><\/p><\/blockquote>\n