COINOTAG News notes on November 30 that a prominent crypto analyst, @ali_charts, emphasizes a pattern for Bitcoin (BTC): the asset often reclaims its uptrend once on-chain traders’ losses exceed a historical threshold. The benchmark is roughly 37%, yet the latest reading is around 20%, indicating momentum has not yet shifted decisively.
With the gauge oscillating below the threshold, the market may await a data-driven cue—such as a sustained break above short-term resistance or a series of higher closes—to validate any resumption of the uptrend in BTC.
Investors should apply prudent risk controls and consider this on-chain indicator as part of a broader framework for crypto market direction. While the signal remains in the early phase, a disciplined approach helps navigate potential volatility in Bitcoin and the digital asset space.
Source: https://en.coinotag.com/breakingnews/bitcoin-btc-poised-to-resume-uptrend-as-on-chain-trader-loss-indicator-stands-at-20-below-37-threshold
