iMrFaisal

#BTC on Monthly Frame and MACD Bear Cross

Long
BNC:BLX   Bitcoin Liquid Index
We have bear cross on macd, however, I believe it's normal if the price didn't close monthly under 45500$. If not, then the scenario of correcting more than 50% is expected.

More details in the chart.

The good news, that this macd signal was triggered in the history of #Bitcoin price movement, under the ichimoku baseline which indicate that the price in a correction or bear status, while the current cross is triggering above the baseline, so, the #BTC is bullish above 36400$

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