BTC: Is It Time To Be Worried? (Long term analysis)

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Hello All,

IS it time to be worried? The Log MACD signaled its first bearish cross since 10k. Each major cross above the .25 value on the MACD has resulted in a minimum -40% pullback.

To make this scenario more valid, there is a trend line that has been lowering over the years as each MACD top is lower although price is higher. This trend has 4 touches on it and BTC just experienced one.

Please secure gains in this market. It can turn bear before you know it.

Thanks!

Please Comment & Like

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ملاحظة

Top was signaled at 62k! Hope all of you benefited. LMACD doesnt lie!