The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed in the green, reclaiming technical levels and signaling the potential for a significant move toward the six-figure price territory. Market expert Titan Of Crypto has announced on X (formerly Twitter) that Bitcoin has officially hit a local bottom. The analyst shared a chart showcasing that Bitcoin is flashing one of the strongest bullish signals. Bitcoin Price Establishes Solid Local Bottom According to the Ichimoku Cloud analysis, BTC’s price has closed firmly above the Tenkan (red line), Kijun (blue line), and Kimo cloud. All of these Ichimoku lines are sloping upwards, reinforcing that Bitcoin’s momentum and trend structure are aligned. Related Reading: Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key A close above the Tenkan signals short-term bullish momentum, while the Kijun confirms strength in a medium-trend. The thick Kimo cloud represents the most bullish configuration, indicating clear trend dominance. Furthe ..
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