Appears to be a divergence in the lows of bitcoin on the MACD
The price of bitcoin has hit 3 lower lows but the MACD has failed to make the same lower lows. This is a clear divergence and indicates underlying strength in the price of bitcoin
Note
Bitcoin initially dipped after this idea but then soon recovered.
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Disclaimer
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.