Despite the Dip, Bitcoin Just Flashed Its Most Reliable Bullish Signal: Analysis
Yahoo Finance·2026-01-16 18:09
For traders who study charts, there’s one “golden” pattern they love to see—and Bitcoin just flashed it, suggesting a recovery could be on the way. The rest of the crypto market, though, didn't get the memo. Over 95% of the top 100 cryptocurrencies by market cap have posted losses in the past 24 hours, and the total crypto market has slipped to $3.23 trillion. Even Bitcoin today is down roughly 1.3%, despite the bullish “golden cross” formation being painted on the charts. Traditional markets, meanwhil ...