BTC's monthly MACD histogram has turned bearish, signaling a potential prolonged downturn for bitcoin as seen in past cycles.

Bitcoin sellers are gaining significant momentum as several extremely bearish signals have emerged, raising the odds of a deep market correction.

The Bitcoin monthly MACD has been red since 2022. Deep bear markets were predicted by past signals. Japan yield spike triggers selloff, liquidates $564M in longs.

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. The ...

However, the market power dynamics shifted over the past day as buyers staged a strong comeback. According to Coinalyze, ...