Crypto
Bitcoin: Was July the bottom? Rare bullish signal spotted
A fourth bullish cross has appeared on Bitcoin’s monthly Fisher Transform indicator, reviving interest in whether a long-term bottom is already in place. Analyst Willy Woo (윌리 우) said past crosses coincided with bear-market lows without false signals. The latest cross occurred in July at -2.26. He cautioned that price could still move sideways or fall further. Weekly charts show a bullish divergence, but questions remain about whether the early-July low was the cycle bottom.
