Bitfinex: Bitcoin has fallen below the daily Keltner middle band, returning to the upper half may indicate a rebound in momentum

The cryptocurrency trading platform Bitfinex posted on X: Since mid-September, Bitcoin has been operating in the upper half of the Keltner Channel on Bitfinex's daily chart.

Bitfinex stated that about two weeks ago, Bitcoin fell below the flattening middle line. If the price returns to the upper half of the channel and the middle line turns upward again, it may indicate a recovery of bullish momentum.