Bitcoin's weekly momentum signal turns bullish for the first time in over a year
Bitcoin's weekly momentum has flipped back into strongly bullish territory for the first time in more than a year, a positive sign for holders.
- A weekly momentum gauge pushed back above its high-end threshold after being stuck below it for 69 weeks.
- Every past instance of this reclaim, after a gap of at least 50 weeks, was followed by strong gains.
- The long stretch below the line is what makes the signal meaningful — it marks a shift out of a drawn-out weak phase.
- The setup points to unusually strong underlying buying pressure rather than a short-lived bounce.
Outlook: If the pattern holds as it has before, Bitcoin is set up for a sustained move higher in the coming months.