The macd on btcusd.

30 mar

This is a time to be very careful, already having a ready strategy on the possible scenarios that will arise. The price has been gravitating around the previous ath for days, this could mean that the test of the highs could last a while, if we then look at the macd, a slowdown is evident which could indicate an ongoing short-term correction. So far it is going well and the movements seem harmonious most of the time, with intraday corrections that often do not reach the minimums, remaining with an ascending sequence of highs and lows. The strength of the bulls is still very high, my hypothesis is that the buyers cannot give their all in these moments, trying to snatch better prices, the orders in the books become slightly smaller placed at the lower levels. The market is at a crucial moment, with the halving approaching, the situation could suddenly heat up after the monthly close.