While the BTC price is declining within yesterday's forecast - important news. The best bullish signal since February

While the BTC price is declining within yesterday's forecast - there is important news. The best bullish signal since February.

Last night the price of #BTC entered a stable uptrend on the 3-day timeframe. On Friday we wrote that 'this should be the launch of the rocket'. It sounds ambitious, but in reality, it is an early signal of high chances for the asset price to return to a stable uptrend on the weekly timeframe.

In this cycle, since 2022, there have only been four transitions to a stable uptrend for #BTC on the 3-day timeframe. So this event is not ordinary. Now the fifth transition has occurred.

Basic targets:

- 97,806$

- 103,783$

- 109,759$

There is only one additional target:

- 120,515$

There is a nuance - alongside this, we already have the third mark of a potential high on the 3-day timeframe. BUT we have already written that in this cycle such signals on the 3-day timeframe, especially immediately after a trend change, most often led to a period of consolidation, not correction. So if we are still in a bull market - there are high chances that this time will be the same. In any case, growth to 120,515$ is now relevant as long as the price remains in an uptrend on this timeframe. At least, as long as the price closes above the potential breakdown level of 82,865$ on the body of the 3-day candle.

Let's analyze how past transitions looked to understand what results this signal from our indicator brought:

- On January 10, 2023, from 18,846$ to the high, the price gave +34% growth, not returning below the trend change level.

- On March 17, 2023, from 27,972$ to the high, the price gave +13.6% growth but during the process, it went into a significant drawdown of -11.3%. This was the weakest trend out of the four.

- On October 19, 2023, from 29,909$ to the high, the price gave +147% growth, not returning below the trend change level.

- On October 18, 2024, from 69,031$ to the high, the price gave +58.77% growth, but in the first week after that, it went into a drawdown of -5%.

In short, the signal is interesting, noteworthy.

Unfortunately, our #P73Signals is currently not working, where we already had a monitoring channel for the TOP-200 crypto assets on the 3-day timeframe ready for operation. But today we will manually create several selections of altcoins that gave the same uptrend signal last night as Bitcoin.