# Untitled post

*A widely-tracked momentum indicator has flipped bullish for the first time since April.

A similar bullish flip happened at the onset of the late 2023 rally and in late 2022, marking the end of a brutal downtrend.

A bitcoin indicator that warned of seller exhaustion in early September has flipped bullish, bolstering the case for a move above $70,000.*

By [nifiti.eth](https://paragraph.com/@nifiti.eth) · 2024-10-21

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*Originally published on [nifiti.eth](https://paragraph.com/@nifiti.eth/-1)*