Saad Ullah
⬤ Bitcoin looks like it's finally stabilizing after spending roughly 12 months in pullback mode. The cryptocurrency may have hit rock bottom following a breakdown in its monthly RSI structure—a pattern that historically signals the end of long-term correction phases.
⬤ The monthly RSI is a macro momentum indicator that crypto traders watch closely during major Bitcoin cycles. Over the past year, BTC stayed stuck in retracement territory while its long-term momentum kept weakening. Now that the RSI has broken down, it suggests the corrective pressure that's been weighing on the market for months might be completely exhausted. This could mark a real turning point in how the market behaves going forward.
⬤ After such a long period of sideways movement and fading momentum, markets tend to expand once these compression conditions finally resolve. Previous Bitcoin cycles have shown that similar setups often came right before strong directional moves once the correction wrapped up. If the current bottom holds, the next impulsive rally could be starting soon.
⬤ Why does this matter? When Bitcoin confirms a bottom, it typically shifts the entire market's behavior from correction mode into trend formation. A fresh impulsive phase would mean momentum conditions are changing across the whole digital asset space, leaving behind the pullback environment that's dominated for the past year.
Saad Ullah
