Bitcoin / TetherUS
Long

BITCOIN: MACD bullish crossover is imminent.

100
BTCUSDT (1D CHART) Technical Analysis Update

- BTC is currently trading at $61,400 and is showing an overall bullish sentiment.
- From a MACD perspective, a bullish crossover appears to be imminent, signaling continued bullish momentum for Bitcoin.
- The MACD crossover is observed on the daily chart following the recent correction due to recession fears. A confirmed crossover could renew optimism for Bitcoin, potentially pushing the price above the $70,000 barrier.

Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.

Cheers
GreenCrypto
Note
Crossover is still not confirmed.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.