Bitcoin has experienced significant downturns, leading many to question whether it has hit its lowest point. However, recent price action over the past week suggests a potential shift in momentum. Market expert Ali Martinez highlights that multiple TD buy signals on the 12-hour chart offer a glimmer of hope for those anticipating a Bitcoin price rebound.
The Role of the TD Sequential Indicator in Predicting Reversals
The Tom DeMark (TD) Sequential is a popular technical analysis tool used to identify when trends are likely to end and prices may reverse direction. Currently, Bitcoin has registered both “TD 9” and “TD 13” signals on its 12-hour timeframe—a rare occurrence often preceding major trend changes.
A “9” signal indicates that bearish pressure might have reached an extreme level, while “13” marks the conclusion of a countdown phase. When these two align simultaneously, it suggests selling pressure is at its peak and that a price bounce could be imminent. As per recent charts, Bitcoin’s trading range between $76,000 and $78,000 points toward an expected move above $80,000 soon.
Investor Sentiment and Institutional Strength
Despite some pullbacks from highs near $89,000 causing short-term volatility, overall market sentiment remains largely positive toward cryptocurrencies. This optimism is primarily driven by sustained investments from institutional players who continue to support the market robustly.
Activity around spot-based Bitcoin exchange-traded funds remains strong; although occasional brief outflows create temporary fluctuations, long-term accumulation trends persist unshaken.
The broader Web3 ecosystem’s growth into new sectors further legitimizes this space. The integration of innovative utilities alongside increasing adoption strengthens Bitcoin’s macro bullish outlook as demand continues rising steadily.
Critical Price Points to Monitor
For the TD buy signal to hold firm validation on Bitcoin’s recovery prospects requires maintaining support above approximately $75,000. Additionally, closing decisively above the 20-day Moving Average would reinforce reversal confidence and potentially spark widespread retail trader enthusiasm driven by FOMO (Fear Of Missing Out).
If prices fall below these key thresholds instead, traders may turn their attention toward consolidating around $73,000 for an extended period before any further directional moves occur.
Experts at CoinDesk emphasize that macroeconomic factors—such as upcoming inflation data releases and Federal Reserve communications—will play crucial roles in determining if this technical upswing can reclaim previous all-time highs.
Summary
The convergence of TD 9 and TD 13 signals presents compelling technical evidence supporting a possible resurgence in Bitcoin prices. While no indicator guarantees outcomes outrightly—as always with trading—the exhaustion seen within such substantial timeframes like the 12-hour chart cannot be ignored by prudent investors.
With markets beginning to absorb recent volatility shocks now comes the pivotal question: will bullish forces capitalize on this momentum exhaustion to recover lost ground?