Bitcoin may seek 20-month trend line reclaim before new record highs: CryptoQuant

Bitcoin may seek 20-month trend line reclaim before new record highs: CryptoQuant

Bitcoin’s market cycle signals tool showed BTC price action copying history, possibly preparing to reclaim a key moving average before testing new highs.

Bitcoin’s 20-Month Moving Average Stands Between Bulls And All-Time Highs - Invest In Crypto News

Bitcoin is attempting to break through an “inflection frontier” that has historically triggered runs to new macro highs. Key points: Bitcoin (BTC) may continue to new all-time highs if it successfully breaks through its 20-month moving average at $87,165, CryptoQuant reported.The market cycle signals metric showed BTC/USD poised to reclaim this “inflection frontier,” which it […]

CryptoQuant: Bitcoin Eyes Reclaim of 20-Month Trend Line Before ATH

Bitcoin is testing a key long-term trend line once again, as onchain analysts say the market is attempting to reclaim the so-called “inflection frontier” associated with prior cycle turnarounds. The latest focus is on the 20-month simple moving average (SMA), which CryptoQuant reports is currently at $87,165 (as of Oct. 16). According to CryptoQuant’s market-cycle [...]

Bitcoin eyes 20-month trend line reclaim before new highs

On-chain signals point to a possible Bitcoin bottom as a 20-month trend line reclaim moves into focus, with BTC near $82,076 and reserves falling.