$BTC JUST FLASHED THE SAME SIGNAL THAT MARKED THE 2020 BOTTOM 💎
Monthly MACD is more negative than any point since 2022, and we're below the 50 MA for the first time in 27 months. Classic exhaustion setup.
But look at the macro backdrop: ISM PMI at 54 (4-year high), oil below $68.50, and job openings hitting a 2-year high. The economy is healing while crypto bleeds — that divergence usually resolves violently to the upside.
Bitcoin needs to reclaim the 200W MA at $62,648 to flip momentum. Until then, sellers have the short-term edge, but the long-term accumulation zone is open. Are you building a position here or waiting for the reclaim?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #MonthlyClose #AccumulationZone #CryptoCycle
💎
Monthly MACD is more negative than any point since 2022, and we're below the 50 MA for the first time in 27 months. Classic exhaustion setup.
But look at the macro backdrop: ISM PMI at 54 (4-year high), oil below $68.50, and job openings hitting a 2-year high. The economy is healing while crypto bleeds — that divergence usually resolves violently to the upside.
Bitcoin needs to reclaim the 200W MA at $62,648 to flip momentum. Until then, sellers have the short-term edge, but the long-term accumulation zone is open. Are you building a position here or waiting for the reclaim?
Not financial advice. Always manage your risk.
#BTC #Bitcoin #MonthlyClose #AccumulationZone #CryptoCycle
💎