$BTC bearish crossover on the MACD (blue line) monthly chart has now crossed below the zero line.



In 2022, once the MACD crossed below the zero line, price found bottom 3 months later.

History rhymes, we would find bottom in September.
BTC-3.16%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • 1
  • Share
Comment
Add a comment
Add a comment
GateUser-fb035825
· 2h ago
Monthly chart level signals can't fool anyone. Manage your positions well and wait for confirmation on the right side.
View OriginalReply0
RugpullTherapist
· 3h ago
History doesn't repeat but it rhymes; whether it rhymes accurately depends on the wallet's say.
View OriginalReply0
GateUser-55f70f75
· 3h ago
Only looking at indicators without considering liquidity, BTC in 2024 is no longer purely a technical market.
View OriginalReply0
GateUser-9568ced5
· 3h ago
I understand historical rhymes, but will the ETF and institutional funds in 2024 change the rhythm?
View OriginalReply0
VelvetValidator
· 4h ago
It rebounded 60% after March 2022. If this is a repeat, how much can we expect to see by the end of the year?
View OriginalReply0
GateUser-76dcd439
· 4h ago
MACD dead cross below the zero line— the bears’ final celebration, or the starting point of a new round of decline?
View OriginalReply0
BluePeonyObserver
· 4h ago
The three-month countdown begins. Set a calendar reminder, and come back to check this message then.
View OriginalReply0
NonceNina
· 4h ago
Death cross below the zero line + post-halving consolidation, a classic bull market continuation pattern, why panic?
View OriginalReply0
BridgeWhisperer
· 4h ago
The monthly signal is too lagging; by the time the bottom price is confirmed, it has already increased by 30%.
View OriginalReply0
View More
  • Pinned