$BTC Btc currently shows a golden cross on the weekly MACD


But this does not mean a bullish trend-line rally is coming
In the 2022 bear market, the weekly MACD golden cross signal appeared twice
After that, it dropped by 64% and 31% respectively
The market did not rebound directly; instead, it kept falling lower
The magnitude became smaller each time, but the direction was still downward
A reminder: a weekly MACD golden cross cannot justify blindly chasing the highs
At the same time, you also need to be wary of cases where the downward trend line is broken out falsely
Even if it breaks through the 76k mark to the extreme, it may still turn into a bull trap,
and the probability is extremely high that it’s just a false breakout!
DCA into the big cake with 3x short positions—sleep peacefully and happily ☺️#Gate广场四月发帖挑战
BTC-1.73%
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