Bitcoin's MACD Indicates Bearish Trend, Sparking 'Crypto Winter' Concerns
Bitcoin's MACD Indicates Bearish Trend, Sparking 'Crypto Winter' Concerns
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Bitcoin has failed to sustain an upward climb, struggling to break past the $74,000 mark. A key technical indicator, the MACD, has reportedly dropped to bearish levels not seen since 2022, leading experts to question whether a new 'crypto winter' is on the horizon for the premier cryptocurrency.
The price of Bitcoin has struggled to muster a sustained upward climb over the last few weeks, with the latest one failing around the $74,000 mark in the past week. However, the premier cryptocurrency seems to have deeper problems than failed price recovery attempts. According to a crypto market expert, the Bitcoin price is at […]