3小時前
CMT Analyst Highlights Bitcoin Monthly SuperTrend Support As Key Buy Signal Near $66,000
CMT-certified analyst Tony Severino points to Bitcoin's monthly SuperTrend indicator as still signaling support, with BTC trading around the mid-$60,000 range. He notes that the one-month chart has not yet confirmed a sell signal, even after recent downside and a 14.8% drop in February from the monthly open. However, Severino cautions that past bear markets have often held this support for one to three months before breaking down and warns that historical Ichimoku data leaves room for a further 38% to 66% decline.