RE: LeoThread 2025-04-22 17:41
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Part 3/7:
With the MACD (Moving Average Convergence Divergence) indicator showing bullish trends, there is a sense of renewed confidence in Bitcoin's trajectory. The speaker indicated that historical patterns suggest a potential top for Bitcoin typically occurs around November or December, reinforcing this optimistic sentiment.
However, caution was also advised, outlining that a turn towards bearish trends could occur with a breakout below critical moving averages, particularly the 50 MA, which has historically supported Bitcoin’s price movements until significant downturns.
Ethereum: A Promising Position
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