What About The MACD?

This Is The Reason Why $120,000 Will Not...

This one is even better. While Bitcoin is trading at a very strong price, near $90,000, the MACD hit the lowest ever, since 2021 in this chart. This chart only goes back to 2021 so can't really say about other times. But the daily MACD went through a full flush and this type of dynamic tends to be ultra-bullish.

It is the equivalent of seeing the daily

RSI with a reading of 10 while prices trade at $90,000 within a bullish trend.

Here is Bitcoin's daily MACD (true bottom): Once the bottom is hit, you get a rise.

There is a bullish cross already present so the histogram turned from red to green. This means that the MACD is already rising.

There is a divergence here as well.

The MACD is producing lower lows while Bitcoin is producing higher lows.

Based on these signals, the MACD and RSI, it is only a matter of time before the next Cryptocurrency bullish phase that will end in a bullish run.