Bitcoin Bear Market 'Nearing Its End' as Trend Change Setup Triggers

Bitcoin's bear market may be nearing its end after the cryptocurrency delivered a key trend change setup on monthly time frames for the first time since July 2022. The TD9 indicator, which is derived from the Tom DeMark Sequential market timing indicator, has triggered a notable signal when nine candles in a row close higher or lower than the closing price four candles prior.

The 'perfected' TD9 buy setup on the monthly time frame is Bitcoin's first in several years and echoes the final stages of the bear market. Tony Severino noted that this does not necessarily mean the bottom is in, but rather it's a key inflection point to pay attention to.

RSI divergences are also gaining sway among those eyeing the final stages of the 2026 market downturn. This has led some analysts to believe that the trend change could soon reverse and Bitcoin may be due for a bullish comeback.