NewsHK
Rare crossover events in the digital asset market carry weight precisely because of their infrequency, and the crypto space has just registered one.
The Fisher Transform indicator has produced a bullish cross for Bitcoin ($BTC) for only the fourth time in the asset's entire price history, a development adding to bull-market hopes across the space.
Bitcoin's trading history is long enough to serve as a meaningful record for cycle-level signals, and the Fisher Transform has crossed in this specific bullish configuration only three times before.
The fourth print adds to the bull-market thesis the crossover has attracted, and the historical scarcity of the event is the primary argument behind the reception it has received.
Keep reading