When looking for best ideas for the fourth quarter nothing jumped off the charts to me — literally — like bitcoin . In fact, the only way I know how to trade bitcoin is through the technicals — there are no real fundamentals for the crypto. When studying the longer-term trends in crypto I use different moving averages than your standard 50 and 200-day. Crypto 'golden cross' Since it trades around the clock, I use 30-day and 365-day moving averages to determine the "golden cross" pattern. Only five times prior to this week has the 30-day crossed above the 365-day. This week marked the sixth time and thus a potential significant trend change. I usually don't give much credence to these signals as I deem them to be lagging indicators, but not in this case. They have occurred near historic turns in the asset and around its four-year halving cycle. The two shorter-term duration signals lasted only 30 and 45 days but had returns of 17.7% and 85.3%, respectively, before turning lower. Not too shabby. However, three of the biggest historic runs in its history have started with the golden cross. Those lasted years and saw returns of 5789%, 645% and 353%. This stat opened my eyes and is the reason it is my trade of the quarter. Technically, we see the reversal taking place and are now getting confirmation the primary trend is back. Bitcoin experienced a significant drawdown, found its bottom and is now climbing back. It will take a 48% gain to get back to the old highs set in October 2025 at 126,000. The reversal looks complete and the risk-reward scenario is too good to ignore. Look for those old highs to be targeted by early 2027. Jay Woods is the Chief Market Strategist at Freedom Capital Markets. DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, or its parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.