“The monthly chart of bitcoin shows a pending overbought downturn in the monthly stochastics. If confirmed at month-end, it would be a negative catalyst, suggesting the trading range marked the end to the cyclical uptrend from the 2022 low,” analysts at Fairlead Strategies said in a note shared with CoinDesk Wednesday.
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Omkar Godbole
https://www.coindesk.com/markets/2024/08/22/bitcoins-uptrend-threatened-by-looming-stochastics-signal-fairlead-strategies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-08-22 05:47:04
