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But we saved everything 🙂.
Joao Wedson highlights that Bitcoin’s multi-timeframe momentum has returned to positive territory. While bitcoin:native has been recovering, the current momentum signal is only about +0.06, indicating that price is moving higher but underlying momentum remains limited across multiple timeframes.
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Wedson previously examined whether Bitcoin’s long-standing cost basis signal would continue to serve as a reliable indicator in current trading conditions, as detailed in a recent analysis. He has also highlighted that Zcash was trading above key on-chain levels and market mean indicators, describing the asset as entering a stretched price zone in an earlier report. These prior observations provide context for Wedson’s latest assessment of Bitcoin’s price momentum.