Posted 12/20/2023, 12:45:29 PM
Bitcoin Flashing Bullish Signals as Metrics Align for Potential New Bull Run
- Bitcoin's Vortex Indicator is signaling the start of a bull market for the 4th time; this indicator has a perfect track record of identifying new bull runs
- The recent all-time high for the Dow Jones Industrial Average may signal upcoming positive price action for Bitcoin
- A chart shows global liquidity is rising, which has coincided with past Bitcoin bull markets in 2011, 2013, 2017 and 2020
- Bitcoin's price is currently $42,540, up 2.6% in the last 24 hours
- The analyst believes Bitcoin is flashing highly bullish signals based on historical data and metrics