Promising signal is triggering again.
Monthly Money Flow Index (MFI) is passing 50 from below.
Every time when #Bitcoin completes a cycle at top, MFI reaches the overbought zone and it comes down to a bottom throughout the bear market.
After the accumulation phase in the next cycle, $BTC starts a new bull run while MFI passes 50 from below.
On this monthly chart, we can see a new cycle began with MFI reaching the bottom. It is now passing 50, indicating a new bull run has started.
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Twitter@TATrader_Alan|18:54 PM - Oct 25, 2023
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