📈 Bearish BTC signal could take prices below 60,000
Bitcoin’s MACD indicator has shifted into negative territory, signaling a possible bearish turn in momentum. Historically, when this indicator turns negative, Bitcoin has fallen by at least 16% in more than half of cases. Analysts warn of the possibility of steep declines, although past performance does not guarantee future results. This is happening amid institutional ETF outflows and a strong dollar.
$BTC
#Bitcoin #MACD #Markets
Bitcoin’s MACD indicator has shifted into negative territory, signaling a possible bearish turn in momentum. Historically, when this indicator turns negative, Bitcoin has fallen by at least 16% in more than half of cases. Analysts warn of the possibility of steep declines, although past performance does not guarantee future results. This is happening amid institutional ETF outflows and a strong dollar.
$BTC
#Bitcoin #MACD #Markets
