According to CryptoQuant, the Bitcoin chart has revealed a unique pattern that has caught the attention of many investors and traders. A pattern previously seen in market bottoms may be noticed by adding the 200-day moving average (MA-200) line and realized price to the long-term chart.
The formation of a long-term bottom is typically predicted by the overlap or crossing of the 200-day moving average from the top to the realized price. This pattern has been observed in previous years, specifically in 2019, 2015, and 2012. Following these patterns, Bitcoin underwent a long-term rising trend.
Source:
https://azcoinnews.com/unique-pattern-emerges-in-the-bitcoin-chart-what-it-means-for-investors.html