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Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks.

By Omkar Godbole|Edited by Sheldon Reback
Updated Sep 5, 2023, 8:00 a.m. Published Sep 5, 2023, 8:00 a.m.
The stochastic indicator is signaling a loss of upward momentum. (mark1657/Pixabay)
The stochastic indicator is signaling a loss of upward momentum. (mark1657/Pixabay)