#BTC on Monthly Frame and MACD Bear Cross
We have bear cross on macd, however, I believe it's normal if the price didn't close monthly under 45500$. If not, then the scenario of correcting more than 50% is expected.
More details in the chart.
The good news, that this macd signal was triggered in the history of #Bitcoin price movement, under the ichimoku baseline which indicate that the price in a correction or bear status, while the current cross is triggering above the baseline, so, the #BTC is bullish above 36400$
More details in the chart.
The good news, that this macd signal was triggered in the history of #Bitcoin price movement, under the ichimoku baseline which indicate that the price in a correction or bear status, while the current cross is triggering above the baseline, so, the #BTC is bullish above 36400$
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