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RE: Bitcoin (BTC) Mid-Day Update: BOTTOM COULD BE DONE!!! $26,440 Short Term Target!!
I believe this is the correct interpretation. If you combine the chart with the 1 hour MACD across virtually every coin, you can see signs of bullish exhaustion, and some kind of a downward move seems imminent
Agreed. The MACD on LTC ETH and BTC is indicating a down spurt. Not sure how low but at least a dip from where it is at.
Yes. The upward move that some called 'vigorous,' wasn't at all, it became weaker and weaker.
We may see the 8000 yet. Silent night everybody !