An analyst has pointed out how the Bitcoin Tom Demark (TD) Sequential has just 
given a signal that could be bullish for the asset&#8217;s price. Bitcoin TD 
Sequential Is Flashing A Buy Signal Right Now In a new post on X, analyst Ali 
Martinez has discussed about the TD Sequential signal that has just formed for 
Bitcoin on its daily chart. The &#8220;TD Sequential&#8221; here refers to an indicator 
from technical analysis (TA) that&#8217;s used for locating probable tops and 
bottoms in any asset&#8217;s price. Related Reading: Just 10 Holders Control 61.3% 
Of Shiba Inu Supply: How This Compares With Other Altcoins The indicator 
consists of two phases: setup and countdown. The end of each of these phases 
is assumed to coincide with a signal for a turnaround in the cryptocurrency. 
In the first phase, the setup, candles of the same color in the chart are 
counted up to nine. These candles don&#8217;t need to be consecutive, just that 
there should be nine of them. Once the ninth candle is in, the setup is said 
to be &#8216;complete,&#8217; and the price can be considered to have reached a reversal. 
The second phase, the countdown, picks up right where the setup left. It works 
almost exactly in the same manner, with the one exception being that candles 
here are counted up to 13 instead. Following these 13 candles, the asset 
arrives at another point of likely trend exhaustion. Naturally, where the 
price would go after the end of either phase depends on the polarity of the 
candles involved in the phase&#8217;s completion. Green candles imply a reversal to 
the downside, while red ones suggest the formation of a bottom. Bitcoin has 
recently formed a TD Sequential signal of the first type. Here&#8217;s the chart 
shared by Martinez that shows the pattern in the coin&#8217;s daily price: From the 
graph, it&#8217;s visible that the 24-hour price of Bitcoin has finished a TD 
Sequential setup with nine red candles recently, which suggests the asset may 
be due a bullish reversal. In the chart, the analyst has also highlighted the 
last signal that the indicator gave for the cryptocurrency. It would appear 
that this previous signal was a sell one and it was also right on the mark as 
it coincided with last month&#8217;s price top. Related Reading: Bitcoin Still In 
Bull Market, On-Chain Indicator Confirms Given this pattern, it&#8217;s possible 
that the latest TD Sequential signal would also end up holding for Bitcoin. If 
so, it might finally help the asset shove off its recent bearish winds. 
Speaking of the TD Sequential, another top coin, Cardano (ADA), has also 
formed a signal recently, as Martinez has pointed out in another X post. As 
displayed in the below chart, the pattern is a bullish one for ADA as well. 
BTC Price Bitcoin slipped under the $95,000 level yesterday, but the asset has 
made some quick recovery in the past day as its price is now trading around 
$97,700. Featured image from Dall-E, charts from TradingView.com

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higher than they do now. A low-fee window is prime for consolidating or moving 
UTXOs (unspent transaction outputs) to optimize costs and ready yourself for 
times when fees increase. Now&#8217;s the Moment to Optimize Your Bitcoin UTXOs 
Before Fee Hikes In a high-fee […]

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PRESS RELEASE. On February 5, Justin Sun, Global Advisor of HTX and founder of 
TRON, joined the leading crypto exchange HTX for an X Spaces session titled 
&#8220;Explore USDD with Justin Sun&#8221;. During the session, Sun provided an in-depth 
explanation of USDD (Decentralized USD) 2.0, the latest version of the USDD 
stablecoin, and answered audience […]

Cryptocurrency price in USD