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MACD
Videos
BTC Trades Below $36K, RSI and MACD Reflect Bearish Sentiment
As bitcoin’s daily chart leans bearish, popular indicators including the relative strength index (RSI) and the moving average convergence divergence (MACD) histogram reflect a negative sentiment in BTC’s price action. Plus, insights on the April jobs report and crypto-tracked futures liquidations as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Videos
Bitcoin’s ‘MACD’ Indicator Threatens Long-Term Bullish Bias as Rate Hike Fears Linger
Bitcoin’s long-term bullish outlook is in danger of being invalidated on technical charts as BTC reels under selling pressure, stemming from adverse macro factors. Its monthly moving average convergence divergence (MACD) histogram has crossed below zero, a so-called sell signal, indicating a bullish-to-bearish trend change on the longer duration price chart.
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