Weekly MACD Histogram Most Bullish It’s Been Since Bitcoin Price Was Over $13K

2019-3-5 23:00

The moving average convergence divergence (MACD) is a lagging indicator many analysts use to track longer-term trend changes in assets across a variety of markets. In Bitcoin, the histogram of this key indicator had been bearish throughout most of 2018 and into 2019, and only recently just rose into bullish territory during last week’s rally.

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