CryptoNeutralNewsBTC · 2h ago6/10
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This Bitcoin Pattern Could Repeat Itself, But The Bottom Could Lie Below $50,000
Bitcoin's monthly MACD histogram is displaying a technical pattern historically associated with market bottoms, with lighter red bars indicating weakening bearish momentum similar to previous cycle lows in 2012, 2015, 2019, and 2022-2023. However, May's closing will be crucial to confirm the pattern, and some analysts warn the price could still fall below $50,000 before a definitive bottom forms.
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