cryptoonchain

MACD bearish crossover in monthly chart

BITSTAMP:BTCUSD   Bitcoin
As mentioned earlier, bitcoin is shaping a range area (see the link below)
In my opinion, Bitcoin has not shown any strong signs at the moment which can make an idea about the direction of the breakout in the future. But one of the signs that can not be ignored is the MacD bearish crossover in the monthly time frame, as well as the exit of bitcoin from the overbought zone in the wave trend oscillator.

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