Bitcoin Short-Term BRS Momentum Indicator Shifts After Month-Long Hold at 100
Bitcoin's short-term momentum indicator BRS has begun to shift after remaining at 100 for nearly one month, on-chain data analyst Murphy reported on March 4. Murphy outlined on social media that the strategy treats BRS = 100 as a buy point and BRS returning to 0 as a sell point, defining a complete trading cycle. Historical data show 11 BRS samples between 2018 and 2022 with a 9:2 success-to-failure ratio and an overall win rate of about 81.8%. The BRS indicator last reached 100 on February 2, 2026, when Bitcoin traded at $75,000, and Murphy said Bitcoin would need to be above $75,000 when BRS falls back to 0 for this latest trigger to be deemed successful, after which the signal is mainly applicable to traders seeking to capture rebounds or trim positions.