CandleFocus Experts Say Bitcoin Weekly MACD and Monthly Trends Flash Green, Confirming Further Gains
2024-10-18
Author: Content Editor
Market analysts are optimistic about further uptrends for Bitcoin as recent trends and bullish signals emerge. Analysts Jelle and TheoTrader provide bullish stances on Bitcoin, citing indicators such as the weekly MACD and monthly trends. However, market commentator Tender Market Research remains cautious, pointing out lagging MACD indicators and the need for substantial stimulus to push Bitcoin higher. The market is seen as being in a consolidation phase, with caution advised by traders. Veteran analysts Peter Brandt and Raoul Pal also share this cautious view.
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