Bitcoin at $64K: weekly MACD flash mirrors 2019 bottom setup
A widely-watched analyst argues Bitcoin's weekly MACD is hours from crossing its signal line for the second time this cycle, a setup he likens to February 2019.
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A widely-watched analyst argues Bitcoin's weekly MACD is hours from crossing its signal line for the second time this cycle, a setup he likens to February 2019.
A smoother 50/100 MACD crossover has reliably called Bitcoin's prior drawdowns and bounces; clearing the 200-day near $71,147 is the line between a relief rally and a confirmed uptrend.