Bitcoin's Weekly Chart Shows Bear Market Likely to Worsen or Does It? - CoinDesk

The upcoming weekly chart bearish crossover has a perfect record of trapping sellers on the wrong side of the market.

There may be more pain ahead for bitcoin (BTC). That is the message from a weekly chart momentum indicator, which is about to flash the first bearish signal in over three years. Bitcoin's 50-week si… [+1321 chars]

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