Bitcoin's short-term momentum indicator, the BRS signal, has begun to shift after maintaining a stable position for nearly a month, according to on-chain data analyst Murphy. The BRS signal, which uses a value of 100 as a buy signal and a return to 0 as a sell signal, has historically shown a success rate of 81.8% based on 11 samples from 2018 to 2022.
The BRS indicator reached 100 on February 2, 2026, when Bitcoin was priced at $75,000. For the signal to be deemed successful, Bitcoin's price must remain above $75,000 when the BRS returns to 0. After a month at 100, the BRS is now moving towards 0, indicating a potential shift for traders focusing on rebounds or position adjustments.
Bitcoin's BRS Signal Shifts After Month-Long Stability
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