Bitcoin Weekly MACD Turns Bullish — Why This Doesn’t Confirm a Market Bottom Yet

The post Bitcoin Weekly MACD Turns Bullish — Why This Doesn’t Confirm a Market Bottom Yet appeared first on Coinpedia Fintech News Bitcoin price has been rising in the past few days, despite the higher CPI rates, marking a local high at $73,400. With this, the price has surged above a crucial resistance zone, which may validate a rise above the bearish influence. However, the historical data show that the current trade setup does not confirm a …