Bloomberg report: MACD indicator has continued to decline since mid-February Bitcoin may fall again

2019-03-13 09:49

A recent report by Bloomberg on March 12 said key price indicators showed that bitcoin could fall again. The MACD indicator has been declining since mid-February. Demand for long-term purchases of Bitcoin is deteriorating, so buying pressures may increase. Bitcoin has tested the $4,000 mark several times in the past few weeks, but it has not broken this barrier for quite some time. Bloomberg said that before Bitcoin breaks through this level, it is likely to face selling pressure.

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