Episode Details
Back to EpisodesBitcoin MACD Signal: Sellers Take Charge
Description
Bitcoin traders beware: the MACD histogram has turned bearish for the third time since October, indicating a potential shift to sellers taking control. This momentum tool has accurately predicted major drops in the past, with prices plummeting from around $100,000 to $80,000 in November and from $90,000 to $60,000 in January. Unless the momentum flips back soon, expect more pressure ahead.
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