Bitcoin To $40,000? Signal Behind Past 60% Crashes Is Back

A cryptocurrency analyst has pointed out how a technical analysis (TA) signal that led into major price declines in the past has returned for Bitcoin. Monthly MACD Has Turned Bearish For Bitcoin In a new Moving Average Convergence/Divergence (MACD) for Bitcoin. MACD is a TA indicator that’s generally used for timing buys and sells in… Continue reading Bitcoin To $40,000? Signal Behind Past 60% Crashes Is Back

No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook

Bitcoin is facing resistance just below its $112,000 all-time high, struggling to break into price discovery as the market gains momentum. After reaching a high of $110,500 yesterday, BTC has retraced over 2%, but price action remains bullish. Traders are closely watching this consolidation, which may act as a springboard for a decisive move upward.… Continue reading No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook