What Bitcoin's Momentum Spike Means for the Crypto Winter

Bitcoin's crypto winter may be over, with this decline running 37 weeks against the 52 and 54-week spans of the two previous ones. Michael Boutros, StoneX Media Senior Market Analyst, walks through the weekly, daily and monthly Bitcoin picture and explains what the strongest momentum reading of the year does and does not confirm. Bitcoin closed back above its 52-week moving average for the first time in 44 weeks, the same signal that appeared before the 2023 advance. Weekly momentum now matches the reading last seen when the record high was set, a symmetry that cuts both ways. Roughly $1.4 billion of Bitcoin ETF inflows across two sessions, fresh corporate treasury buying and a short squeeze all fed the move, while the daily chart stays in overbought condition. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_michael_boutros&utm_content=share 00:00 - Crypto Winter Evidence Mounts 00:28 - Past Winters Ran Far Longer 01:21 - Momentum Tops the Yearly High 02:15 - Daily Chart Stays Overbought 03:12 - Where the Bulls Lose Control 04:43 - ETF Money Comes Roaring Back Like and subscribe for more financial market insights. #Bitcoin #StoneX #MichaelBoutros #BTC --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social