On the monthly chart, the MACD histogram is slowly starting to shift upward. The last time this happened was the bottom of the bear market (Feb. 2019).
Bitcoin has now been trading sideways for over 4 months at these levels. If the monthly histogram closes like this and is followed by consecutive upward steps then be ready for a big move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.