BTC’s weekly MACD is showing warning signs while price coiled under key resistance—setting the stage for a potential pullback.
Pullback to 95K
A bearish MACD crossover plus break of trend support could lead to $95K and possibly further to $88K–$90K.
But a strong breakout above $112K would shift momentum back sharply bullish.
Then by September / October in the fourth quarter, positive momentum comes back.
Pullback to 95K
A bearish MACD crossover plus break of trend support could lead to $95K and possibly further to $88K–$90K.
But a strong breakout above $112K would shift momentum back sharply bullish.
Then by September / October in the fourth quarter, positive momentum comes back.
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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.
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.