Bitcoin's monthly RVGI flashes bottom signal for the fourth time
- —RVGI turned up from the -0.2 to -0.4 zone where Bitcoin bottoms formed before
- —Prior signals came in late 2015, early 2019 and the 2022–2023 turn
- —After the third signal, Bitcoin broke above $100,000 for the first time
- —The October monthly candle is not closed, so the signal may reverse
Why it matters: The setup points to a possible new bull cycle, but needs confirmation from the October close.
Source: Cryptocurrency.tech