Crypto analyst Tice has pointed to a signal that has predicted every Bitcoin 
bottom in each bear cycle. Based on this, the analyst suggested that the 
flagship crypto may again be forming a bottom just as the price looks to break 
above the psychological $80,000 level. The Signal That Has Predicted Every 
Bitcoin Bottom Is Again Aligning In an X post, Tice said that the signal that 
has called every Bitcoin bottom in history has triggered again. He noted that 
in the 2014, 2018, and 2022 bear cycles, BTC was in a bear cycle for around 14 
months before forming a bottom, with a price explosion following. Now, this 
same pattern may be playing out again with BTC looking to form a bottom. 
Related Reading: Analyst Predicts Exactly When To Sell Bitcoin For The Most 
Return Tice stated that risk has been repriced, leverage has been cleared, and 
sentiment has been washed out. He added that time alignment is a condition, 
not a confirmation. Right now, time, structure, and positioning are said to be 
all aligning. He suggested that now was a good time to invest in Bitcoin with 
the “window” open and that asymmetric opportunities like this don’t wait. In 
another X post, the analyst reiterated that a Bitcoin bottom was forming. He 
alluded to the median Market Value to Realized Value (MVRV), which he noted 
has hit the same signal as every major bottom in BTC history. Tice added that 
a multi-year bull market has always followed whenever this signal appears, as 
it has now. Therefore, he remarked that if history rhymes even loosely, then 
two to three years of bull market for BTC may be on the horizon. He added that 
the bear market that felt different on the way down is about to feel very 
familiar on the way up. BTC Approaching A Make-or-Break Level Crypto analyst 
Colin stated that Bitcoin is nearing an interesting spot on the chart, which 
is the intersection of two trend lines and one horizontal resistance level. 
Based on this, he gave a 50% chance of BTC forming a local top around this 
intersection. However, if it breaks above the channel, the analyst predicts it 
could move much higher and reach a local top around the $84,000 to $86,000 
zone. Related Reading: Bitcoin Crash Is Coming: Pundit Says It’s Time To Sell 
All Your BTC Colin noted that the zone is where the most immediate and 
significant horizontal resistance can be found from the previous consolidation 
range. Meanwhile, the analyst doesn’t believe Bitcoin is back in a bull run, 
despite the leading crypto forming new highs since its February 6 low of 
around $60,000. BTC has also notably rallied amid the U.S.-Iran war. At the 
time of writing, the Bitcoin price is trading at around $79.900, up over 2% in 
the last 24 hours, according to data from CoinMarketCap. Featured image from 
Pixabay, chart from Tradingview.com

This Signal Has Predicted Every Bitcoin Bottom, Here’s What It’s Saying Now

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This Signal Has Predicted Every Bitcoin Bottom, Here’s What It’s Saying Now

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