The TD Sequential momentum indicator, developed by Thomas DeMark, has generated a buy signal for Bitcoin. The tool identifies potential trend reversals by tracking sequences of consecutive candles, suggesting that downward pressure may be exhausting.
Bitcoin is currently trading near $77,000, remaining within a consolidation range. The signal indicates a possible rebound within a window of three to nine days, provided that selling pressure continues to decrease.
Market participants are preparing for the Federal Reserve meeting scheduled for September 16, 2026. Interest-rate futures currently reflect an 88.5% probability of a 25-basis-point rate hike.
Macroeconomic indicators show the 2-year Treasury yield at 4.63%, while the 10-year inflation-indexed yield stands at 2.55%. Analysts note that these levels historically create challenges for risk assets like Bitcoin.
