Bitcoin adds to bull-market hopes as price metric prints fourth-ever bullish cross — SkimNews
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- Willy Woo flagged on X that Bitcoin's Fisher Transform printed its fourth-ever bullish crossover on monthly timeframes, commenting "3 for 3 without fake out" in identifying bear-market bottoms.
- The latest cross occurred in July at -2.26, and if historical precedent holds, BTC/USD would embark on a new macro uptrend.
- Woo cautioned that price could still consolidate or move lower, noting bull-market Fisher crossovers sometimes deliver bearish crossovers before fresh bullish ones — a phenomenon he attributes to short-term-sensitive speculators who are absent during bear-market bottoms.
- The weekly Fisher chart shows a separate bull structure throughout 2026, with the indicator swinging to -2.85 at the end of December while BTC/USD traded around $90,000.
- Since then, Fisher has posted higher lows while BTC/USD prints lower lows, forming a bullish divergence — the same pattern seen in 2022 during Bitcoin's prior bear market.
- Bitcoin's July 1 low near $57,000 marked 21-month bottoms, though Woo separately noted a lack of typical buyer interest, with only a handful of large-volume investors accumulating at those levels.
Why it matters: The Fisher Transform's 3-for-3 track record at marking Bitcoin cycle bottoms gives traders a rare technical data point with a clean historical hit rate, but Woo's own warning that the $57,000 low lacked broad buyer accumulation undercuts the signal's clarity. With conflicting onchain metrics already flashing reversal signals, traders are now weighing a textbook bullish pattern against thin spot demand.
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