The last two bear markets in Bitcoin were ended officially in the month of December. The confirmation signal came when the top cryptocurrency by market cap revisited its former all-time high.
With next month being December once again, and BTCUSD price action heating up, could revisiting all-time highs next month be a “sure thing?”
Bitcoin Know Sure Thing Could Cross Bullish Next Month
The idea that BTCUSD could be back at all-time highs next month might sound unrealistic. But each time the 1M Know Sure Thing indicator crossed bullish, Bitcoin was back at former record prices the same month.
This didn’t just happen once in December 2020 when BTCUSD surpassed the 2017 high of $20,000,. It also happened before that in December 2016, just prior to the one-year bull market that made Bitcoin a household name.
The signal isn’t back yet, so it isn’t quite the “sure thing” as it seems. However, if the KST does cross bullish, it could end up three for three in December signaling a
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