This is the first time in over a year that Bitcoin is starting to set up.

It’s not the cleanest setup, especially in this market, but it’s worth keeping an eye on and could make sense if you’re looking to start or add to a long-term position or as a short-term trading opportunity. And if this is the turning point, it will also likely start the rally in all the crypto adjacent names. But there will also be plenty of opportunities to add more.

The Setup:

• Peak selloff volume in February

• Breaking out of a bottom base

• Building higher highs

• Improving sentiment