xbg

xbg

For bitcoin, Monthly MACD shows bearish signal for first time in about 2 years.

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There is an unfilled CME gap at 33000 $ for bitcoin. This is a possible bottom of the current correction. A 33k bottom would mean that we still have a higher low structure. Slightly below this level, we also see there has been the weekly open price for bitcoin at 32k-ish (twice) which could strengthen this zone as support.

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The 21- and 40-EMA cross could happen soon. It has been a bear market indicator historically. BTC also just closed daily below the swing low at 40k-ish.