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Bitcoin Vector

Momentum is beginning to signal a bottoming process.

(1) Momentum acts as a leading indicator for inflection points.

(2) This is followed by the consequent impulse.

Both the rally that started in April (+50%) and the downtrend in October (-36%) were preceded by a shift in momentum readings, creating significant divergences against $BTC price.

We are currently witnessing a similar shift; however, the divergence is still in its formation stage.

Is momentum foreshadowing a new rally?
If so, how far can this divergence extend before the move actually triggers?