Bitcoin’s Short Term Momentum Flips Bearish; Support Under $65K

Similarly, the moving average convergence divergence (MACD) histogram, which employs the 26-day and 12-day exponential moving averages, has turned negative. The indicator is widely used to spot trend changes, with crossovers under zero signaling price losses.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 17,052
Markets: 1,231
Marketcap: $ 3.34 T
24h Vol: $ 136.30 B
BTC Dominance: 58.42%