Analyst flags bitcoin correction risk as weekly Fisher Transform turns bearish
- —Weekly Fisher Transform for BTC formed a bearish crossover near prior cycle-top zones
- —Similar signals appeared in 2013, 2017, 2021 and 2024–2025, with rallies sometimes continuing for months
- —US spot bitcoin ETFs attracted $1.08 billion over three trading days
- —Average daily ETF inflows since July are about $86 million versus $235 million in past rallies
Why it matters: The signal points to short-term correction risk without ending the bull cycle; the Fed meeting on Oct. 27–28 is the next key test.
Source: Blockmedia