Bitcoin TRIGGERED a New Crossover Signal ...what this means and mistakes to avoid

Bitcoin triggered a new crossover signal ...what this means and mistakes to avoid. This month bitcoin had the 15-20% drop that we had anticipated a few weeks ago near the 49K highs. But have we now reached a bottom on bitcoin’s pullback? The MACD indicator has just flashed a new bullish signal. What does this mean for bitcoin and how should it be applied to the chart? Most chartists think the MACD positive crossover signal is bullish, but actually they ignore the context within which it must be applied. We explain what are the potential mistakes that people make with bitcoin chart analysis and the MACD indicator. #bitcoin #btc #alessiorastani

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