{"id":410606,"date":"2020-01-13T01:00:40","date_gmt":"2020-01-13T01:00:40","guid":{"rendered":"https:\/\/uniquehot.com\/?p=410606"},"modified":"2024-06-11T13:40:22","modified_gmt":"2024-06-11T13:40:22","slug":"bitcoin-indicator-called-rally-14000-flashes-again","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-indicator-called-rally-14000-flashes-again\/","title":{"rendered":"Bitcoin Indicator That Called Rally to $14,000 Flashes Again"},"content":{"rendered":"

Once again, analysts have started to flip bullish on Bitcoin again. Sure, the cryptocurrency is still down some 40% from its $14,000 peak from last year, but per a number of traders, an array of key technical indicators have suggested that BTC is ready to return higher once again.<\/p>\n

Related Reading:\u00a0Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu\u2019s Blockchain Beta<\/a><\/h6>\n
Key Bitcoin Buy Signal Flashes For First Time Since March<\/strong><\/h2>\n
Financial Survivalism, the cryptocurrency trader that last week called Bitcoin’s surge to above $8,000, recently noted that the Lucid Stop and Reversal indicator, which “signals a stop and an entry in the opposite direction” when it reverses, just printed an extremely bullish signal.<\/p>\n
Per the one-week Lucid SAR, Bitcoin just saw its first buy signal since March 2019, with the trend as defined by the SAR turning bullish.<\/p>\n
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The Lucid SAR is a full stop & reversal system. When the SAR reverses it signals a stop & an entry in the opposite direction. <\/p>\n
Since Aug 2018 the Lucid SAR is beating #Bitcoin<\/a> by over 1,000% & we just got the first buy signal since March 2019.\ud83d\ude80 pic.twitter.com\/Hm74gOISd9<\/a><\/p>\n
— Tyler Coates (@Sawcruhteez) January 10, 2020<\/a><\/p><\/blockquote>\n