Bitfinex: Bitcoin has broken below the daily Keltner Channel midline; a return to the upper half could signal renewed momentum.

Since mid-September, Bitcoin’s price has been trading consistently in the upper half of Bitfinex’s daily Keltner Channel; in a post on X, Bitfinex noted that roughly two weeks ago, the price broke below the channel’s middle band—which had been flattening. The platform added that if Bitcoin’s price re-enters the upper half *and* the middle band simultaneously shifts from flat to upward-sloping, it could signal a resurgence of bullish momentum.