BTC seeing a Bullish MACD cross on the Weekly Chart

in bitcoin •  3 years ago 

This is a very good sign of things to come...

Bitcoin is seeing a MACD cross from oversold conditions on the Weekly Chart.

Check it out:

image.png

(Source: https://twitter.com/BTCfuel/status/1508809110288019468/photo/1)

Often, when you have this setup on any asset, it leads to a prolonged bull period.

If it were to play out here, we would be looking at bitcoin not peaking for a couple months from now with this sort of setup on the weekly chart.

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3 years ago by

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      ·  3 years ago 

    Hopefully this is it.

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    [-]
      ·  3 years ago 

    consolidation then fly

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    [-]
      ·  3 years ago 

    Looks time to fly to me.

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    [-]
      ·  3 years ago 

    buy this dip

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    [-]
      ·  3 years ago 

    not sure why bitcoin outperforms stocks

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    [-]
      ·  3 years ago 

    everyone says to buy it instead of stocks

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    [-]
      ·  3 years ago 

    it's go time

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    [-]
      ·  3 years ago 

    The previous bull markets each had one red candle.

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    [-]
      ·  3 years ago 

    That means this is it.

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    [-]
      ·  3 years ago 

    Next week we start going green again.

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    [-]
      ·  3 years ago 

    IMG_20220330_155929.jpg
    Follow me for more Bitcoin and crypto market updates and On-Chain data analysis. Please support. https://steemit.com/@shaarifusmani99

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      [-]
        ·  3 years ago 

      Buy more steem power.

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      [-]
        ·  3 years ago 

      Upvoted! Thank you for supporting witness @jswit.
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