CryptoMarkets

Bitcoin’s price chart is flashing a red signal

Summary

Technical indicators suggest the price of Bitcoin is facing downward momentum. At the same time, historical patterns and seasonal trends point toward a positive outlook for the asset.

The Guppy Multiple Moving Average bands signal a bearish momentum, even as seasonality and post-midterm history lean bullish.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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