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Prices of major cryptos

This Bitcoin Market Has ‘Bull’ Written All Over It: Analyst



A major bitcoin technical indicator has turned bearish for the first time this year sending mixed messages to the markets. Some analysts maintain we are still in a bull market while others are predicting more pain before any gain.

Bitcoin Weekly MACD Death Cross

In the trading world, a MACD is not a popular form of fast food, but a technical indicator that measures moving average convergence/divergence. Following the past two months of range-bound trading, the two weekly indicators have crossed which indicates a bearish market.

Popular chart analyst, Murad Mahmudov, remains bullish despite this technical indicator leaning in the ...

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