A rare technical signal just fired on Bitcoin, and past cases point to strong gains over the next six months — good news for holders willing to sit through a rough first month.

• In late August, Bitcoin's 55-day average crossed above both its 100-day and 200-day averages within a single week.
• That double cross has only happened eight times since 2015.
• Six months later, the median gain was 41%, and seven of the eight cases were positive.
• The first month after these crosses is usually choppy — a shakeout that matches where the market is right now.

Outlook: Near-term chop is likely before the historical pattern points higher into early next year.

## Bitcoin Levels

• **Bias:** Bullish over the next six months, choppy short term
• **Targets:** +41% median gain six months out, measured from the $109,000 weekly close