Bu Gösterge Kısa Vadeli Bitcoin Rallisine İpuçları Veriyor, BTC Fiyatı Bu Hafta 25 Bin Doları Vuracak mı?

Although on the contrary, according to a well-known cryptocurrency analyst who correctly predicted the collapse of bitcoin org bitcoin org Olay OrganizasyonTeknolojiÖdeme çözümü Takipçiler : 0 Profil görüntüle in May 2021, rallies are on the horizon based on a reliable indicator. The analyst, Dave the Wave said that Bitcoin’s moving average convergence divergence (MACD) just flashed a signal that previously predicted a 300 percent gain in BTC in 2019.

Why Does Bitcoin Rally Seem Imminent?

He claims that when the Bitcoin weekly MACD crossed, it took off in a big way following a lengthy decline to its present levels. Traders use the MACD, a trend-based momentum indicator, to identify reversals since it shows the relationship between two moving averages of an asset.

Many traders are concerned about the uncertainties that are currently threatening the macro environment outside of cryptocurrencies, but according to Dave the Wave, BTC may not be as affected by them as the market believes. He highlights a string of higher lows and higher highs in the price movement of BTC.

Dave the Wave correctly forecasted Bitcoin’s 50% decline from above $40,000 to close to the $20,000 range in April of this year. The analyst had said in April,

“Medium-term – No doubt an unpopular chart, but it would be remiss of me as a chartist not to post what could be a real possibility…. keeping in mind that TA is risk management to both sides.”