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#gStocksTokenizedStocksLive So, where are we with Bitcoin?
The price is hovering around 62,500, slightly down on the day. The daily trend is still bearish, MA7 below MA30 below MA120, clear as day. But the daily MACD is showing a bullish divergence, the price made a lower low, but the MACD made a higher low. This is usually a sign that selling pressure is exhausting. The 4-hour chart is also bullish, with PDI above MDI, so the short-term momentum is really pointing up. But then you have ETF flows, which have been a nightmare. More than 6 billion dollars have flowed out in the last 30 days. This is not a trickle, it's a flood.
#gStocksTokenizedStocksLive #StrongNonfarmPayrollsRekindleRateHikeFear #PredictWorldCupShare20000U #MetaSellsComputeTriggersChipSlump