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Bitcoin’s sending mixed signals – bull fuel or bear trap?

Bitcoin’s sending mixed signals - bull fuel or bear trap?

Bitcoin’s sending mixed signals – bull fuel or bear trap?

Amid a market-wide recovery, Bitcoin (BTC) continues to command attention across the market as key technical indicators flash contrasting signals where the moving average convergence divergence (MACD) has turned bullish, but the TD Sequential suggests short-term profit-taking.

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Specifically, a bullish MACD crossover has appeared on Bitcoin’s daily chart, signaling strengthening upward momentum, potentially setting BTC up for a push toward $120,000 – $123,000 if buying pressure sustains, according to an analysis shared by Trader Tardigrade on October 27.

Bitcoin price movement analysis. Source: Trader Tardigrade
Bitcoin price movement analysis. Source: Trader Tardigrade

Bullish structure meets potential cooldown in the charts

On the other hand, fellow analyst Ali Martinez pointed to the TD Sequential indicator, which has flashed a ‘9’ sell signal on the 12-hour timeframe in a pattern that historically appears near local tops, warning that a period of profit-taking or consolidation may be due before the next leg higher.

Bitcoin price movement analysis. Source: Ali Martinez
Bitcoin price movement analysis. Source: Ali Martinez

At the same time, CryptoJelleNL emphasized Bitcoin’s improving market structure, noting that previous highs have turned into support, while recent lows have been swept clean, which is a textbook setup for trend continuation and suggests that, despite potential near-term cooling, Bitcoin remains technically strong heading into the final months of 2025.

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Bitcoin price movement analysis. Source: CryptoJelleNL
Bitcoin price movement analysis. Source: CryptoJelleNL

Meanwhile, BTC is changing hands at the price of $115,463.25, recording an increase of 2.61% in the last 24 hours, gaining 4.25% across the previous seven days, and accumulating an advance of 5.45% on its monthly chart, per the latest information.

Bitcoin 7-day price chart. Source: CoinMarketCap
Bitcoin 7-day price chart. Source: CoinMarketCap

Taken together, the charts show that momentum favors bulls, but short-term caution may prevail as some traders take profits. A confirmed close above $116,000 would likely nullify the sell signal, potentially reigniting the drive toward new all-time highs (ATHs) before year-end.

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