Bitcoin Bearish MACD Cross: Is The Cycle OVER?
Telah dikemas kini
In this analysis I want to shed some light on the fact that the 2-week Bitcoin MACD is likely going to make a bearish cross soon.
Historically, a bearish MACD cross has ALWAYS signaled the end of the bull market (first two cycles are not on the chart, you can scroll back and look for yourself). I'm aware that 2021 was an outlier, but don't forget that all technicals peaked in 2020.
I've been bullish in the short- and mid-term, but there's more and more long-term indicators that are flashing red at the moment, this being one of them.
Not calling for a huge drop yet, but this signal is definitely one for the bearish.
Interested to hear your thoughts about this!
Historically, a bearish MACD cross has ALWAYS signaled the end of the bull market (first two cycles are not on the chart, you can scroll back and look for yourself). I'm aware that 2021 was an outlier, but don't forget that all technicals peaked in 2020.
I've been bullish in the short- and mid-term, but there's more and more long-term indicators that are flashing red at the moment, this being one of them.
Not calling for a huge drop yet, but this signal is definitely one for the bearish.
Interested to hear your thoughts about this!
Nota
Another long-term bearish signal:
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.