According to Merlijn The Trader, Bitcoin is in a momentum reset phase that has occurred three times in its history, and a massive bull run followed each previous instance. The analyst shared a chart, divided by four vertical green lines at 2015, 2019, 2023, and 2026. Each of these lines represents areas where bearish momentum peaked and began exhausting itself.
BTC’s Current MACD And ATH Outlook Based on historical behavior, Bitcoin typically forms a complete bottom after the monthly MACD flips pink. Merlijn The Trader has confirmed that the indicator has already flipped pink, suggesting it’s only a matter of time before BTC reaches a final price floor.
