Analyst: Bitcoin Short-Term Price Signal 'BRS' Flips Bullish After One-Month Downtrend

BlockBeats News, March 4th, On-chain data analyst Murphy posted on social media that the short-term Bitcoin signal "BRS" started to change after remaining unchanged for nearly 1 month.

Murphy explained that the "BRS rebound" signal is straightforward: BRS serves as a buy signal when it reaches 100 and a sell signal when it returns to 0, forming a trading range.

Historical data shows that this signal accumulated 11 signal samples from 2018 to 2022, with a success/failure ratio of 9:2, an overall historical success rate of approximately 81.8%, demonstrating relatively high effectiveness in historical samples.

The BRS indicator reached 100 again on February 2, 2026, when the price of Bitcoin was $75,000. Therefore, when BRS returns to 0, the Bitcoin price should be at least above $75,000 to qualify as a successful signal trigger.

After a full month of maintaining 100, BRS finally started to move away from 100 towards the 0 axis. It is important to note that this signal is only useful for traders looking to trade rebounds and those looking to reduce their positions.