Since Bitcoin (BTC) bounced cleanly off the macro $6,400 support earlier this month, analysts have been wondering if the pain is over for the cryptocurrency market. According to two key trend indicators, which predicted previous bear markets and bull markets, the medium-term to long-term trend remains bearish, unfortunately enough.Related Reading: CME Futures Data: Institutions Still...Read More
As reported by NewsBTC just days ago, the opening month was harrowing for Bitcoin (BTC) for one reason: the open of the December candle for the cryptocurrency’s price triggered a “sell” signal on the Market God v7 indicator, designed by crypto analyst Thies. The analyst remarked that he designed the indicator to “eliminate” emotion from his...Read More
