This Indicator Predicted Previous Bitcoin Bull Runs; It Just Flashed Again

Bitcoin is currently seeing a strong uptrend, void of any bullish momentum in the stock market or the altcoin market. One indicator that only flashes before Bitcoin sees parabolic rallies is back, and it could mean that the ongoing rally is just getting started.

At the time of writing, Bitcoin is trading up just under 3% at its current price of $13,400. One indicator that has predicted previous parabolic Bitcoin movements is now flashing a positive sign for the cryptocurrency.

Timeline of Bitcoin