Bitcoin Harmonic Oscillator Hits The Floor With A 100% Historical Win Rate That BTC Price Will Double
Bitcoin has returned to an extreme technical zone that has historically marked major cycle bottoms for the BTC price. According to crypto analyst @DurdenBTC, the Harmonic Oscillator has now printed its lowest possible reading, a level that previously preceded outsized one-year gains. The signal raises a direct question: Does history imply that Bitcoin is positioned to double from here? Bitcoin Harmonic Oscillator Signals BTC Price Could More Than Double A chart shared by the analyst highlights a striking signal for Bitcoin, showing the Harmonic Oscillator at -100, the lowest point on its long-term decaying price range, which spans from -100 to +100. This “Capitulation” zone marks periods when BTC trades far below its harmonic center and historical equilibrium, signaling extreme market pessimism
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