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Analyst: BTC weekly MACD indicator has formed a death cross, potentially leading to a wide range of fluctuations until June.
ChainCatcher message, analyst Rounder stated, “The MACD indicator on the weekly chart of BTC has already death crossed, with a high probability of continuing the oscillating market. From the historical chart, even if it oscillates widely until June, it is normal. This round of Bull Market is a game of patience. It is more suitable to sell the bull-bear spread or build an ‘iron condor’ strategy, and to do fren with long-term oscillation.”