Bitcoin due key MACD bull flag repeat as BTC price freezes at $29.3K

Below <!– wp:paragraph –> <p>BTC price action has brought an extra level of calm this weekend, as traders anticipate a monthly MACD cross to confirm. BTC/USD stuck around a $150 range since the close of the week, and buying pressure from the “whales”, a value seen on the Binance BTC/USD order book, gives an assurance for small guards, all the way up to the Weekly and Monthly candle closes. </p> <!– /wp:paragraph –> <!– wp:paragraph –> <p>The potential bullish cross signaling a change of trend is just one and a half days away as pivotal macroeconomic conditions remain comparatively calm. Late 2015’’s MACD cross portended a two year the crypto’s Last Cycle surge, which goes to show how game-changing this phenomenon can be for the Bitcoin market. </p> <!– /wp:paragraph –> <!– wp:paragraph –> <p>Although a cross-confirmation from the MACD monthly year old bullish entries, yet its resultant hike does not correlate with Bitcoin’s “exit” from amplitude and cautiously observe for the wildly taking place as a sign of further panic. </p> <!– /wp:paragraph –>

Robert Wilson author
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