Source: Coindesk.com
Bitcoin's monthly stochastic is teasing an "overbought downturn," indicating a weakening of bullish momentum, according to Fairlead Strategies. Other indicators like the MACD also suggest the same.
Since November 2022, bitcoin's (BTC) price has surged nearly 300% from lows around $15,470. This remarkable uptrend is now challenged by a looming "stochastics
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Source: Coindesk.com