Bitcoin’s Monthly MACD Setup Resurfaces; Analysts Flag Potential Dip Below $50,000
Bitcoin is flashing a monthly logarithmic MACD histogram pattern that has appeared near multiple cycle lows, suggesting the current pullback could be nearing its final phase. The signal hinges on two straight months of lighter red histogram bars, but May has not closed and BTC remains below $76,000 after failing to hold the $80,000 area. Some analysts say the setup could still allow a drop under $50,000 before a bottom is confirmed.