Say whatever you want, $BTC, this bear market is about to end, and the buying opportunities in the past few months must be well seized.
I’ve discarded all on-chain indicators; I only look at the monthly MACD. The monthly line is slow, too slow to fool anyone; one bar represents a whole month, and all noise is smoothed out.
Currently, the bar is at -3,855, the distance between the two lines is less than four thousand, and the blue line has already reached the zero axis.
Look to the left of my circle, mid-2023, the exact same pattern, then the whole run from 25,000 to 126,000.
The downward momentum is almost exhausted, the bears have smashed everything they could.
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