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It looks like the Death Cross struck again.
I think enough time has passed now to confirm that the Death cross marked the bottom here.
As I discussed in many of my earlier posts on this, it has confirmed 11 out of 12 bottoms, within 10 days of it happening, in the last 14 years.
And it looks like now it has confirmed 12 out of 13.
That is staggering odds.
I don't like calling LTF bottoms as I am not a LTF trader...
But if the daily closes like this, after this higher low and after the death cross, in a bullish engulfing candle, I think a very big case can be made that BTC has found at least a local bottom.
I am expecting upside to close out the year.