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Bitcoin’s (BTC) ongoing sell-off may be nearing its end, with key technical indicators signaling a potential rebound after recent selling pressure. Notably, prominent trading expert Ali Martinez highlighted that the TD Sequential indicator is flashing a major buy signal on Bitcoin’s 12-hour chart. This setup suggests a possible move above $105,000, he said in an X post on May 31.  Bitcoin price analysis chart. Source: TradingView The TD Sequential is a time-based indicator that identifies trend reversals or price exhaustion. When the system counts to “9,” it often signals that the current trend is weakening and that a reversal or correction may be imminent. Notably, Bitcoin has printed a bullish “9” candle, hinting that the recent downtrend could end and a short-term rally might be underway. If the signal plays out, Martinez believes Bitcoin could retest $105,000, a level that recently flipped from support to resistance. Bitco...

The global economy has struggled to make any significant movements upward in recent weeks. Whether the cryptocurrency or stock market, the US has succumbed to increased geopolitical tension and economic frailty. However, that hasn’t stopped Bitcoin from potentially targeting $90,000 in Q2, with one factor looking to push the leading crypto upward. The asset has underwhelmed in a big way throughout the first three months of the year. Indeed, it has been unable to recreate the six-figure increase that took place in late 2024, with the token continuously failing to break through the $85,000 mark in any notable way. That could be set to change in Q2 if these experts are correct. Source: Watcher Guru Also Read: Binance Says Multiple Governments are Eyeing Their Own Crypto Reserves Bitcoin Eyeing Major Turnaround? Here’s Why Experts Expect It to Jump There is no denying that the global market has seen an increased focus put on the digital asset sector. The industry has become a ke...