This signal has a near-perfect success rate for Bitcoin...

In the context of a bear market, once price is able to break above the 55-week EMA and secure a weekly close above it, a new bull market has started every time.

Perhaps the only asterisk is for the 2019 breakout.

But...

Bitcoin still gained +150% in 2 months after that breakout.

Right now, Bitcoin is retesting that same 55-week EMA.

Break above it, and the odds significantly increase to suggest that the bear market is officially over.

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