Will Bitcoin face resistance here? Will it or won’t it? https://t.co/b54LN0h4cX
Will Bitcoin face resistance here? Will it or won’t it? https://t.co/b54LN0h4cX
#Bitcoin $BTC
The MACD golden cross on the weekly timeframe is a highly misleading signal, especially in a bear market.
In the 2022 bear market we had two MACD golden cross signals:
1. March 2022 (led to a drop of -62%)
2. August 2022 (led to the final surrender of -35%) https://t.co/NX4mujPD0A
In other words, the weekly MACD bullish crossover is a classic bull trap in a bear market 📉
Let’s see if it matches CryptoBullet’s analysis, the chart will reveal soon.
Bitcoin miners fought against ordinals and they look to have won.
But they lost something important. Their entire business.
Was it worth it?
#stopBIP110 https://t.co/0Szi29aPvr