Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why

Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why


Bitcoin has recently been spotlighted due to an intriguing buy signal identified on its hourly chart. This indication emerges amidst a notable fluctuation in Bitcoin’s price, setting the stage for potential short-term gains.

Renowned crypto analyst Ali has highlighted a significant development on the hourly chart of Bitcoin, specifically noting a ‘buy signal’ detected by the TD Sequential indicator. This technical tool, developed by Tom DeMark, is respected for its ability to predict price reversals by analyzing exhaustion points in trends.

Decoding The TD Sequential Indicator On Bitcoin Chart

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The TD Sequential operates in two main phases: the setup and the countdown. The setup phase requires nine consecutive price bars closing progressively higher or lower, depending on the trend’s direction.

Following a successful setup, the

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