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A Crypto Christmas Miracle? Bitcoin Signal Suggests A Bottom Is Near

A Crypto Christmas Miracle? Bitcoin Signal Suggests A Bottom Is Near


NewsBTC
2021-12-23 17:38:07

During no other time of the year are humans more open to the idea of miracles than now. But what about a crypto Christmas miracle for Bitcoin? Rather than the miracle being the premise for a holiday flick, it is possible that the appearance of a backtestable technical signal puts in a miracle-esque bottom for the cryptocurrency market. More Credence For A Santa Claus Rally In Crypto Dozens of Hallmark-style holiday movies include the world “miracle” in their title. The idea that Santa Claus could hit the homes of children across the entire globe in one night demonstrates the type of hopeful sentiment that can build this time of year. Related Reading | Could Bitcoin Benefit From A Santa Claus Rally? Across the cryptocurrency market, investors got the equivalent of coal for Christmas – that is unless a miracle happens. That miracle has a higher than average probability of happening this holiday, according to the Fisher Transform technical indicator on BTCUSD 3-day timeframes. This technical indicator has only shown such an extreme deviation two other times throughout its history – and when you read at what prices this signal triggered at previously, you won’t help but become more hopeful for a Santa Claus rally over the next several days. Could a Christmas miracle make investors merry? | Source: BTCUSD on TradingView.com The Most Extreme Bitcoin Bottom Signal Is Back For Christmas The Fisher Transform...


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