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Second early bull signal suggests Bitcoin price bottom may be forming amid market shifts.

Technical Signals
17 Aug 2026
Zycrypto
View Source
Bullish
pluang ai news

A leading on-chain analytics platform has identified a second early bull signal for Bitcoin, indicating a potential price bottom forming as an uptrend begins. This signal follows an initial bull signal that preceded a price decline, suggesting a new phase of market recovery. Despite weak consumer confidence hitting a record low, the stock market continues to rise, with money flowing into equities, AI, and commodities, while Bitcoin remains largely neglected. Currently, Bitcoin trades at $64,242, up 1.84% in the last 24 hours, hinting at a possible upcoming rally.

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