[BTC/USD] The remaining bull case for BTC
This one is probably the last case for 
BTC to keep its bullish narative : July 2021.
When entering a bearish trend, it's not unusual for the price to make one final run to ATH, but with lower MACD (divergence).
In 2021, BTC (the chart is weekly), made a drop to its Jan 2021 price level, but then made a bounce, made ATH, but with lower MACD, before a long crypto winter in 2022 / 2023.
If BTC wants to repeat this history, one thing should happen first would be a drop to level lower than the last 5 August low, then we can see if it able to make the bounce.
BTC to keep its bullish narative : July 2021.When entering a bearish trend, it's not unusual for the price to make one final run to ATH, but with lower MACD (divergence).
In 2021, BTC (the chart is weekly), made a drop to its Jan 2021 price level, but then made a bounce, made ATH, but with lower MACD, before a long crypto winter in 2022 / 2023.
If BTC wants to repeat this history, one thing should happen first would be a drop to level lower than the last 5 August low, then we can see if it able to make the bounce.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.