Fairlead Strategies founder Katie Stockton analyzes technical indicators, the $84K resistance level, and the reasons why surpassing $93K will definitively validate a fresh bull market.
Has the Bitcoin bear market truly ended? Katie Stockton, the founder of Fairlead Strategies, examines the technical indicators driving Bitcoin’s surge of over 50% from its recent troughs, which includes clearing the 200-day moving average along with the 83K-84K resistance band. She clarifies how the cloud model highlights $93,000 as the threshold marking the official start of a new Bitcoin bull phase. Furthermore, she discusses the flag pattern breakout, the monthly stochastic oscillator, and the factors that might prompt her to adopt a defensive posture entering Q4.
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Patrick Green is an Assistant Producer and Channel Manager on the multimedia team at Bitcoin Magazine, focusing on production, content distribution, and channel strategy across the network.
Originally published at https://bitcoinmagazine.com/videos/katie-stockton-93k-btc-is-the-key-price-level-for-the-bull-market.
